Which of the following is correct with respect to trade secrets?

Question

Quizplus · Accepted Answer

Trade secrets typically include confidential information such as formulas, processes, recipes, customer lists, and other types of valuable business information. Option A is incorrect as trade secrets are kept confidential and are not fully disclosed. Option C is incorrect as personal information can also be kept confidential as a trade secret if it affects the business. Option D is incorrect as employees must be informed that certain information is confidential and should not be disclosed. Option E is also incorrect as there is a duty not to disclose trade secrets regardless of whether it is specified in a contract.

Which of the Following Is Correct with Respect to Trade