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Misappropriation of Trade Secrets

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Multiple Choice

What is the definition of a trade secret under the Defend Trade Secrets Act (DTSA)?

  1. Any information that is not generally known or readily ascertainable by proper means.
  2. Any information that is not publicly available and is used in a business to obtain an economic advantage over competitors.
  3. Any information that is confidential and is used in a business to maintain a competitive advantage.
  4. Any information that is not publicly available and is used in a business to obtain an unfair advantage over competitors.