Which of the following is true about misappropriation of trade secrets?
A) Any form of a valid patent is required in order to recover.
B) Any form of a valid trademark is required in order to recover.
C) Any form of both a valid trademark and valid patent are required in order to recover.
D) A valid trademark and patent registered with the Trade Secret Office in Washington, D.C. are required in order to recover.
E) Neither a valid trademark nor a valid patent, regardless of form, is required in order to recover.

Question

Quizplus · Accepted Answer

Misappropriation of trade secrets does not require a valid trademark or patent. Trade secrets can include any confidential information that gives a business a competitive advantage, such as customer lists, formulas, or processes. As long as the information is kept secret and has commercial value, it can be protected under trade secret law.

Which of the Following Is True About Misappropriation of Trade