Which of the following is correct with respect to trade secrets?
A) There is no duty not to disclose trade secrets, unless specified in contract.
B) Trade secrets include such things as formulas, patterns, recipes.
C) The information must be fully disclosed under the provincial Trade Secrets Act.
D) The employee need not be informed that the information is confidential.
E) Personal information cannot be a trade secret, even if it affects the business.

Question

Quizplus · Accepted Answer

Trade secrets encompass a wide range of confidential business information including formulas, patterns, and recipes, which are protected from being disclosed without authorization. This is because they hold economic value for the business by not being generally known or readily ascertainable by others who can profit from its disclosure or use.

Which of the Following Is Correct with Respect to Trade