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Which of the following is a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known, but by which a business can obtain an economic advantage over its competitors?
Trade secret
Copyright
Utility model
Cookie
Explanation:
A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known. It helps a business to obtain an economic advantage over its competitors or customers. In some jurisdictions, such secrets are referred to as confidential information or classified information. Answer: A is incorrect. A copyright is a form of intellectual property, which secures to its holder the exclusive right to produce copies of his or her works of original expression, such as a literary work, movie, musical work or sound recording, painting, photograph, computer program, or industrial design, for a defined, yet extendable, period of time. It does not cover ideas or facts. Copyright laws protect intellectual property from misuse by other individuals. Answer: B is incorrect. A utility model is an intellectual property right to protect inventions. Answer: D is incorrect. A cookie is a small bit of text that accompanies requests and pages as they move between Web servers and browsers. It contains information that is read by a Web application, whenever a user visits a site. Cookies are stored in the memory or hard disk of client computers. A Web site stores information, such as user preferences and settings in a cookie. This information helps in providing customized services to users. There is absolutely no way a Web server can access any private information about a user or his computer through cookies, unless a user provides the information. A Web server cannot access cookies created by other Web servers.
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