Alex worked for years for MegaCorp During his employment with MegaCorp, he learned a great deal of confidential information and knew that if this information got into the hands of competitors or the general public, MegaCorp could suffer great business
losses. Alex claims that he was wrongfully fired by MegaCorp and accordingly he believes he has no obligation to MegaCorp to keep any information he acquired with them as confidential. MegaCorp claims that Alex is under a continuing duty to keep confidential information secret, even though he is no longer with the company. Who is right? Why?
MegaCorp. is right. Regardless of why Alex no longer works for MegaCorp, he is under a continuing duty not to use or disclose the company's confidential information after he leaves the company. Alex had a fiduciary duty of loyalty to his employer when he worked for it and such duty does not terminate relative to trade secrets or confidential information after he is no longer employed by that company.
You might also like to view...
XBRL allows highly disaggregated data so not only is it possible to know the level of sales, but it is possible to know sales revenue in much more detail.
Answer the following statement true (T) or false (F)
Which of the following statements concerning founders is false?
A. Founders' benefits from early coalitions are likely to be modest. B. Founders are the strongest veto players in a coalition. C. Successful founders have extensive networks. D. All of these are true statements.
Negotiating is about building ______ so that everyone gets a good deal.
A. trust B. standards C. contracts D. conflicts
The macro view can be broken down into which of the following three areas?
a. environmental, financial/capital, and displacement b. entrepreneurial trait, opportunity, and strategic c. displacement, trait, and financial d. entrepreneurial trait, financial/capital, and displacement