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Question

Under Article 39.2 of TRIPS, protected undisclosed information must have which kind of value because it is secret, in addition to meeting the secrecy and reasonable-protection conditions?

The correct answer is

Commercial value

Article 39.2 of TRIPS includes commercial value arising from secrecy as a condition for protection of undisclosed information. The information must also be secret and subject to reasonable secrecy measures. This is not a statement that all ideas or all forms of intellectual property require commercial value.

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Important Questions from Intellectual Property Rights (IPRs)

  1. The subjective matter of 'property' is used by Sale of Goods Act refers to __________.
  2. What is the validity period of patent as per Patent (Amendment) Act 2006 ?
  3. "If one's artistic expressions are synonymous with one's personality, then they are deserving of protection just as much as the physical person. "

    The above observation is true about which theory of intellectual property?
  4. The Preamble to Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) lays down

    (a) public policy objectives of national system
    (b) special needs of the least developed countries
    (c) resolving IP disputes through multilateral procedures
    (d) establishing mutually supportive relationship between WTO and WIPO

    Which of following is/are true?
  5. Super Cassettes Industries Ltd. Vs. Myspace Inc. 2011 is a leading case on the Copyright Act, 1957 dealing with which section of the Act?
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