ASIS-CPP 2020 practice questions, page 12 of 28, with answer review and explanations.
Question 56
According to the "restatement of the law of torts," a trade secret is:
All information about a company that the company desires to protect
Any formula, pattern, device, or compilation of information that is used in one's business and that gives that business an opportunity to gain an advantage over competitors who do not know or use it
Information about a company that is registered with the U.S. Patent Office
Both A and B
All of the above
Question 57
A trade secret may be:
A formula for a chemical compound
A process of manufacturing materials
A pattern for a machine
A list of customers
All of the above
Question 58
The characteristics of a trade secret as compared with other confidential information are:
Those business secrets that have been duly registered pursuant to the requirements of law
Continuous or consistent business applications of a secret not known to others, from the use of which some advantage is gained by the user
Those business secrets that are fully protected in accordance with the Federal Privacy Act
Both A and C
All of the above
Question 59
In regard to a trade secret, it may be decided that its disclosure by another was innocent, rather than wrongful, even in the case where the person making the disclosure really was guilty of malice or wrong intent. This situation may occur when:
The trade secret was not registered
The trade secret did not involve national defense information
The trade secret was not in current use
There is absence of evidence that an owner has taken reason- able precautions to protect confidential information.
All of the above
Question 60
Proprietary information is:
Private information of a highly sensitive nature
Information that must be classified according to executive order of the U.S. Government
Sensitive information that is classified according to executive order of the U.S. Government
Anything that an enterprise considers relevant to its status or opera