Question

What remedies does the UTSA provide for the misappropriation of trade secrets? (Choose all that apply.)

a) Monetary damages.
b) Injunction.
c) Attorney’s fees.
d) Criminal prosecution.

Answer 1

The UTSA provides several remedies for the misappropriation of trade secrets, including monetary damages, injunctions, attorney's fees, and potential criminal prosecution.

Step-by-step explanation:

The Uniform Trade Secrets Act (UTSA) provides several remedies for the misappropriation of trade secrets. These remedies include:

1. Monetary damages: The harmed party may be entitled to recover the actual damages they have suffered as a result of the misappropriation, as well as any additional damages caused by the defendant's conduct.
2. Injunction: The court may issue an injunction to prevent the continued use or disclosure of the trade secret by the party that misappropriated it.
3. Attorney's fees: In certain situations, the court may award attorney's fees to the successful party, typically the trade secret owner.
4. Criminal prosecution: While the UTSA does not directly provide for criminal prosecution, trade secret misappropriation may also be a violation of criminal laws, leading to potential criminal charges against the offender.