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Topic: |
Religion
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Number of pages / Number of words: |
3 / 772 |
Essay's paper body
Only New Jersey, Massachusetts, North Carolina, New York, Texas, and Wyoming don't have the UTSA in state law.
Common law recognizes the existence of trade secrets that are, in the NCCUSL's words, "basically, information of commercial value." The group continues, "Key to the need for protection is the fact that the information is not generally known to others and is not readily ascertainable by proper means...
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A trade secret, generally, would be exclusive knowledge, of economic value, which has been generated by the labors of a specific person or persons who have an interest in protecting its value."
Although the US Supreme Court has ruled that facts cannot be copyrighted, both common law and the UTSA firmly establish that trade secrets are property...
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