business law 159

Answer the questions, each question requires 350-500 words.

1. Trade Secret: Taking Reasonable Measures to Keep the Secret

(a) How do trade secrets differ from other applications of property?

(b) Discuss several ways of preserving trade secrets.

2. The Justification for Intellectual Property

(a) What is the purpose of patents and copyrights as identified in the Constitution?

(b) Explain the claim that the pace of research and development of new products would slow if intellectual property right did not protect it.

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