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a company that carelessly allows a trade secret to become known has no right to prevent...

a company that carelessly allows a trade secret to become known has no right to prevent competitors from using it

true or false

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Answer #1

Trade secrets can be described as the information related to trade, the method or technique used,a formula,a process or a program involving trade,etc.The formula for the soft drink, a method of preparing a product, a machine for manufacturing a product,etc. these all examples come under the category of trade secrets. According to Uniform Trade Secret act (UTSA), a company must protect its trade secrets so that they can't be used by others.If the company fails to keep its information secret, its protection is lost and so does its value. Thus, The above statement is true. A company that carelessly allows a trade secret to become known has no right to prevent competitors from using it.

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