Information that is not known by the competition and would cause a business to lose its advantage if the competition obtained it and is protected from disclosure by the owner is:
A) a patent
B) a copyright
C) an easement
D) a bargaining chip
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

The correct answer is E because the description given matches that of a trade secret, which is not listed among the options provided. Trade secrets are information that companies keep secret to maintain an advantage over their competitors, and this information is protected from disclosure. Patents and copyrights are forms of intellectual property that are publicly disclosed and provide protection for inventions and original works, respectively, not secret business information. An easement is a right to cross or otherwise use someone else's land for a specified purpose, and a bargaining chip is a leveraged asset or position used in negotiations, neither of which fits the description provided.

Information That Is Not Known by the Competition and Would