Leminco Corp

Multiple Choice

Leminco Corp. has launched a specialized health drink for diet-conscious people. It wants to keep the formula of the drink a trade secret. Which of the following statements is true in this scenario?

A) Leminco just needs to keep the trade secret secure, therefore no filing costs.
B) The trade secret obtained will be bounded by a time limit.
C) The formula of the drink will need to be disclosed to the trade secret issuing authority.
D) Once the trade secret is obtained, competitors will be legally restricted from reverse engineering the product to create a duplicate.