Which three elements are required to have a Trade Secret? (Choose three) Original work must be in a tangible form Subject to reasonable efforts to maintain its secrecy Must be a service Information has economic value not generally known Others cannot legitimately obtain the information A unique logo or brand names

Question

Which three elements are required to have a Trade Secret? (Choose three) Original work must be in a tangible form Subject to reasonable efforts to maintain its secrecy Must be a service Information has economic value not generally known Others cannot legitimately obtain the information A unique logo or brand names

Answer 1

The three elements required to have a Trade Secret are:1. Subject to reasonable efforts to maintain its secrecy: The information must be kept confidential and not easily accessible to others.2. Information has economic value not generally known: The information must have some form of economic value or competitive advantage because it is not widely known or accessible to others.3. Others cannot legitimately obtain the information: The information must not be publicly available or easily accessible to others through legitimate means.The other options, such as "Original work must be in a tangible form," "Must be a service," and "A unique logo or brand names," are not necessary elements for a trade secret.

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