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Author Question: A trade secret a. is legally equivalent to a patent or copyright. b. need not be treated ... (Read 91 times)

maegan_martin

  • Hero Member
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  • Posts: 532
on: Jun 19, 2018
A trade secret
 
 

a. is legally equivalent to a patent or copyright.
  b. need not be treated confidentially by the company in order to be protected.
  c. can be almost any information not generally known if it is valuable to its possessor and treated confidentially.
  d. is a narrow, precise concept that the law defines in great detail



Question 2

According to the Supreme Court
 
 

a. even if you are not an insider, you can be guilty of insider trading if you misappropriate sensitive information.
  b. anyone buying/selling stock based on nonpublic information is guilty of inside trading.
  c. insider trading violates the interstate commerce clause of the Constitution.
  d. it should be left up to the company, not the government, to decide whether or not to prohibit insider trading



aburgess

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  • Posts: 361
Reply #1 on: Jun 19, 2018
Answer to Question 1

c

Answer to Question 2

a


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