Whether or not a contract has been signed,executives are still required to maintain all trade secrets with which their employers have entrusted them.This obligation is called a:
A) skip-level policy.
B) fiduciary duty of loyalty.
C) public policy exception.
D) retaliatory discharge.

Question

Quizplus · Accepted Answer

The fiduciary duty of loyalty requires executives to maintain all trade secrets with which their employers have entrusted them even if no contract has been signed. This duty is based on the ethical and legal obligation to act in the best interests of the employer and to protect the employer's confidential information. Skip-level policy refers to a management practice where top executives bypass their direct subordinates to meet with lower-level employees. Public policy exception is a legal doctrine that allows an employee to refuse to engage in illegal or unethical conduct without fear of retaliation. Retaliatory discharge is a form of wrongful termination that occurs when an employee is fired in retaliation for engaging in protected activity such as reporting discrimination or harassment. None of these options fully capture the obligation of executives to maintain trade secrets.

Whether or Not a Contract Has Been Signed,executives Are Still