A ____ consists of a novel and confidential formula, device, idea, process, pattern, or compilation of information that gives the owner a competitive advantage in the marketplace.
A)copyright
B)patent
C)trade secret
D)property right
E)trademark

Question

A ____ consists of a novel and confidential formula, device, idea, process, pattern, or compilation of information that gives the owner a competitive advantage in the marketplace. ​
A)copyright
B)patent
C)trade secret
D)property right
E)trademark

Quizplus · Accepted Answer

A trade secret is a type of intellectual property that comprises a confidential formula, device, idea, process, pattern, or compilation of information, which provides the owner with a competitive advantage in the marketplace. Examples include recipes, software algorithms, and customer lists.

A ____ Consists of a Novel and Confidential Formula, Device