Business Finance Homework Help

Instructions:

You are required to provide a thread in response to the provided prompt for each forum. Each thread must be at least 300 words and demonstrate course-related knowledge with at least 3 references properly cited in current Bluebook format. Primary sources must be used whenever possible and appropriately supplemented with high quality secondary sources. The supporting sources must be course textbooks or found using the LexisNexis Academic search engine which is available as part of the Liberty University Online Library.

Topic:

What are the elements to qualify something as a trade secret? What are factors that a court may use in determining whether something qualifies as a trade secret?

Furthermore, read Buffets, Inc. v. Klinke, found in the Reading & Study, and answer the following questions:

1. What was the main issue in the case (hint: trade secret status)?
2. What rule did the court use?
3. What was the outcome?
4. What was the court’s rationale; i.e., why did the court find (or not find) that trade secret status was proper (or improper)?