Which of the following statements about trade secrets is true?

Question

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Trade secrets are confidential information that provide a competitive advantage to a company. Unlike patents, they do not require any formal registration or public disclosure. Therefore, trade secrets can help keep an information-based asset a secret until it can be used or sold. Option A is incorrect because disgruntled employees can disclose trade secrets, but they cannot register them as patents. Option B is incorrect because competitors who independently create the subject matter of your trade secret are free to patent their ideas unless the trade secret has been disclosed publicly. Option D is incorrect because trade secrets and patents are different forms of intellectual property protection, and trade secrets do not violate the disclosure rules of patent law. Option E is incorrect because there is no Trade Secrets Bureau that registers trade secrets.

Which of the Following Statements About Trade Secrets Is True