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Breaches of non-disclosure agreements, industrial espionage, theft, fraud, and bribery are all improper means of acquiring a trade secret. For example, if you hack into a company's computer and copy the files, this act of acquiring the secrets improperly is misappropriation.
1 . The Coca-Cola Secret The Coca-Cola Company had decided to keep their recipe as a Trade Secret instead of patenting it as patenting might cause the disclosure of the recipe. It was also told that one of the ingredients of the recipe might be Cocaine.
What Are Some Notable Examples of Trade Secrets? Google's Search Algorithm. ... Coca-Cola's Coke Syrup Formula. ... KFC's Original Recipe. ... McDonald's Big Mac Special Sauce. ... WD-40's Multi-use Product Formula. ... Patents. ... Trademarks. ... Copyright.
Examples of trade secrets can include engineering information; methods, processes, and know-how; tolerances and formulas; business and financial information; computer programs (particularly source code) and related information; pending, unpublished patent applications; business plans; budgets; methods of calculating ...
What qualifies as a trade secret? commercially valuable because it is secret, be known only to a limited group of persons, and. be subject to reasonable steps taken by the rightful holder of the information to keep it secret, including the use of confidentiality agreements for business partners and employees.