Which of the following is correct with respect to trade secrets?
A) The employee need not be informed that the information is confidential.
B) Personal information cannot be a trade secret, even if it affects the business.
C) The information must be fully disclosed under the provincial Trade Secrets Act.
D) There is no duty not to disclose trade secrets, unless specified in contract.
E) Trade secrets include such things as formulas, patterns, recipes.

Question

Quizplus · Accepted Answer

Trade secrets include confidential information such as formulas, patterns, and recipes. Option A is incorrect because employees must be informed that the information is confidential for it to qualify as a trade secret. Option B is incorrect because personal information can sometimes qualify as a trade secret. Option C is incorrect because the information is not required to be fully disclosed under the provincial Trade Secrets Act. Option D is incorrect because there is a duty not to disclose the trade secrets, even if it is not specified in the contract.

Which of the Following Is Correct with Respect to Trade