Asked by Heather Jenkins on May 18, 2024
Verified
Which of the following recognizes a civil cause of action for misappropriation of trade secrets?
A) Defend Trade Secrets Act
B) Economic Espionage Act of 1996
C) America Invents Act
D) Patent Act
Misappropriation
The unauthorized, improper, or unlawful use of funds or resources, especially for personal benefit.
Trade Secrets
Confidential business information that provides an enterprise with a competitive edge, and is subject to efforts to maintain its secrecy.
- Distinguish the legal protections designated for the security of trade secrets.
Verified Answer
CG
Courtney GreenMay 24, 2024
Final Answer :
A
Explanation :
State law historically served as the primary source of legal protection for trade secrets and as the only source of civil liability for the violation of another party's trade secret rights.Although a federal statute (the Economic Espionage Act of 1996)contemplated criminal liability in some instances of trade secret violations,federal law did not recognize a civil cause of action for misappropriation of trade secrets until very recently.That state of affairs changed with the enactment of a 2016 federal law,the Defend Trade Secrets Act (DTSA).
Learning Objectives
- Distinguish the legal protections designated for the security of trade secrets.
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