Which of the following statements regarding trade secrets is FALSE?
A.
For a company to have a resource qualify as a trade secret, it must provide the company with some type of
competitive value or advantage.
B.
The Trade Secret Law normally protects the expression of the idea of the resource.
C.
Many companies require their employees to sign nondisclosure agreements regarding the protection of their
trade secrets.
D.
A resource can be protected by law if it is not generally known and if it requires special skill, ingenuity, and/
or expenditure of money and effort to develop it.
Explanation:
It does not protect the expression of the idea of the resource, but specific resources. The other answers are
incorrect because: For a company to have a resource qualify as a trade secret, it must provide the company
with some type of competitive value or advantage is incorrect as it is a feature of a trade secret. Many
companies require their employees to sign nondisclosure agreements regarding the protection of their trade
secrets is also incorrect as it is one of the ways to protect the trade secrets of a company. A resource can be
protected by law if it is not generally known and if it requires special skill, ingenuity, and/or expenditure of
money and effort to develop it is also incorrect as it is also a feature of a trade secret.
Shon Harris AIO v3, Chapter 10: Law, Investigation, and Ethics, Page: 720- 721