Question

Trade secrets _____.

give a competitive edge


are secret company names


protect owners for 20 years


are products that generate profit

Answer 1

Trade secrets are secret practices and processes that give a company a competitive advantage over its competitors. Trade secrets may differ across jurisdictions but have three common traits: not being public, offering some economic benefit, and being actively protected. U.S. trade secrets are protected by the Economics Espionage Act of 1996.

Step-by-step explanation: