In the context of protecting intellectual property, identify a difference between patents and trade secrets.
A) Unlike patents, only intangible goods are subjected to being treated as trade secrets.
B) Unlike patents, trade secrets require technical details about the work to be disclosed to the issuing authority.
C) Unlike patents, trade secrets have no time limit.
D) Unlike patents, trade secrets involve filing costs.

Question

Quizplus · Accepted Answer

Trade secrets have no time limit, meaning they can theoretically last indefinitely as long as the information remains secret, unlike patents which have a finite duration (typically 20 years from the filing date for utility patents).

In the Context of Protecting Intellectual Property, Identify a Difference