Respuesta :
The following statement, "Trade secrets have an unlimited duration, i.e. do not expire after a fixed period of time." is True.
A trade secrets are any information that is not generally known or easily accessible, and that provides a business with an advantage over its competitors. Trade secrets can include everything from customer lists and marketing strategies to manufacturing processes and product formulas.
The protection of trade secrets is a vital part of any business's competitive edge. In order to maintain the secrecy of a trade secret, businesses must take steps to keep the information confidential. If a trade secret is improperly disclosed, a business may suffer significant financial losses.
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