Posted: May 7th, 2022
Trade Secrets Scenarios
1. Tycoon owns an invaluable ancient Roman coin. Tycoon occasionally allows the coin to
be exhibited at museums but generally prefers to leave it sitting locked in a special vault
in his basement. The image from the face of the coin is used to advertise the wares of
Tycoons textile factory, so it is closely associated with the business by buyers. One
evening, Katz breaks into the home while Tycoon is away, busts open the vault and steals
the coin. Tycoon contends that Katz has misappropriated a trade secret.
Q: Was the invaluable coin, locked in a vault, a trade secret?
2. Business keeps a mailing list of all the residents in Business’s area. It is well known that
the list is available for a $10 fee at the town hall. Although the list is inexpensive, it is an
indispensable part of Business’s marketing operations. Business keeps its copy under
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