Answer:
having to pay higher interest rates on loans
Explanation:
this is so loss
<u>Answer:</u>
In Court, Jurisdiction is a major power to permit authority over things and individuals within a certain territory. This means that the Court has the power to decide or hear a lawsuit or a case.
<u>In the case of Federal Courts, the court can have the right to Jurisdiction in the following cases:</u>
- Maritime, patent, copyright, and Bankruptcy cases.
- Cases in which there has been a violation of the constitutional or federal laws of the country.
- Cases in which the country itself is directly involved.
- Cases between the citizens or individuals from a different country if the money in the case surpasses $75,000.
The act of 2000 and the Reauthorization Act of 2003-2005.
Electronic hacking and illegal trespassing for the purposes of acquiring a competitor’s proprietary information are considered economic espionage.
<h3>
What is economic espionage?</h3>
- Economic espionage includes electronic hacking and illegal trespassing to obtain a competitor's proprietary information.
- Economic espionage is defined as the illegal or covert targeting or acquisition of sensitive financial, trade, or economic policy information; proprietary economic information; or technological information.
- Using bribery, cyber-attacks, "dumpster diving," and wiretapping.
- Creating seemingly innocent relationships with US companies in order to gather economic intelligence, including trade secrets.
- President Clinton signed the Economic Espionage Act of 1996 into law.
- It criminalizes the theft or misappropriation of trade secrets.
- It is notable for being the first federal statute to broadly define and severely punish such misappropriation and theft.
Therefore, electronic hacking and illegal trespassing for the purposes of acquiring a competitor’s proprietary information are considered economic espionage.
Know more about economic espionage here:
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