Question

Which of the factors do courts use in determining whether information is a trade secret?

Answer 1

 The factors courts use in determining whether the information is a trade secret in efforts to maintain trade confidentiality among, the amount invested to develop the information, and the value of the information to competitors.

A trade secret is any exercise or method of an agency this is commonly now not acknowledged outside of the enterprise. statistics taken into consideration an alternate secret gives the corporation a competitive advantage over its competitors and is often a product of inner research and development.

An exchange trade secret: is information that has both actual or capacity unbiased financial price by way of distinctive feature of not being normally regarded, has value to others who can not legitimately acquire the data, and. is a problem to affordable efforts to keep its secrecy.

An exchange trade secret can be included indefinitely so long as the key is commercially valuable, its fee derives from the reality that it is secret, and the owner takes reasonable precautions to hold its secrecy.

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