Protected by the uniform trade secrets act

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Reference no: EM132264804

1. Which of the following would not be protected by the Uniform Trade Secrets Act?

A. A customer list published by a corporation as part of an announcement in a trade journal

B. The marketing plans for a company's new product

C. The formula for a soft drink produced by a company

D. All of the above would be protected under the Act.

2. A term used to describe all public information that might be germane to an applicant's claim of novelty is _______:

A. Trade secret

B. Copyright

C. Intellectual property

D. Prior art

3. Which of the following would not be classified as documentary collateral under Article 9?

A. Chattel paper

B. Bills of lading

C. Warehouse receipts

D. A patent

4. A secured party with a PMSI who repossess consumer goods on which 60% of the purchase price has been paid must sell the goods within ________________days after repossession.

A. 10

B. 30

C. 60

D. 90

5. Which of the following is not required for a security interest to attach?

A. The debtor has rights in the collateral.

B. The creditor has given value.

C. The debtor has signed the security agreement

D. The creditor has signed the security agreement

Reference no: EM132264804

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