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For the Description, Select True or False. A Company's Trade Secret Must Never Be Shared with Any Other Business. True False Question

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For the description, select True or False. A company's trade secret must never be shared with any other business. True False Question 19 True or False? For information to be legally considered a trade secret,the business must have the intention to keep the information secret. True False

Roztwór

Felipe maestro · Tutor durante 5 años
Weryfikacja ekspertów
4.6 (258 Votos)

Respuesta

1. False 2. True

Explicación

## Step1The first statement is "A company's trade secret must never be shared with any other business." This statement is not entirely accurate. While it is true that a company's trade secret should not be shared with other businesses without proper authorization, there are certain circumstances where sharing trade secrets is allowed. For example, when a company sells or merges with another company, the trade secrets may be transferred to the new owner. Additionally, when a company collaborates with another company on a project, trade secrets may be shared. Therefore, the statement is false.## Step2The second statement is "For information to be legally considered a trade secret, the business must have the intention to keep the information secret." This statement is true. For information to be considered a trade secret, the business must have taken reasonable measures to keep the information secret. This means that the business must have taken steps to prevent the information from being disclosed to others who are not authorized to access it.