According to the Economic Espionage Act, ________.
A) persons who have reverse engineered a trade secret can use that trade secret, and the related trademark
B) the rights to a trade secret will have to be renewed after a specified period of time
C) trade secrets can be shared for a limited amount of time
D) it is a federal crime to steal another's trade secret

Question

Quizplus · Accepted Answer

The Economic Espionage Act makes it a federal crime to steal or misappropriate another's trade secret. Option A is incorrect, as reverse engineering a trade secret and using it without consent would constitute theft of the trade secret. Option B is incorrect, as trade secrets do not have to be renewed like patents. Option C is incorrect, as trade secrets are meant to be kept confidential and not shared with anyone outside of a company or organization.