Question

A "trade secret" Group of answer choices is legally equivalent to a patent or copyright. need not be treated confidentially by the company in order to be protected. can be almost any information not generally known if it is valuable to its possessor and treated confidentially. is a narrow, precise concept that the law defines in great detail.

Answer 1

can be almost any information not generally known if it is valuable to its possessor and treated confidentially

Step-by-step explanation:

Trade secret is any information that is not known by the public and it gives the firm an edge over its competitors and gives the firm that has the secret economic benefits.

There is an active effort to keep trade secret confidential

What is considered as a trade secret differs by region.

An example of a trade secret is a secret recipe used in making a pie. No one knows this recipe apart from the owner. This recipe gives the pie made a distinct taste that attract customers