Companies run the risk of employees sharing trade secrets. Which two documents do many companies have their employees sign to help mitigate this risk? Confidentiality agreement Trade secret contract Employee handbook Non-disclosure agreement (NDA)

Question

Companies run the risk of employees sharing trade secrets. Which two documents do many companies have their employees sign to help mitigate this risk? Confidentiality agreement Trade secret contract Employee handbook Non-disclosure agreement (NDA)

Answer 1

Companies have employees sign certain documents to prevent them from sharing trade secrets and confidential information. The main two documents companies use for this purpose are the confidentiality agreement and the non-disclosure agreement (NDA). A confidentiality agreement is an agreement between two parties in which the receiver of the information is obligated to protect the secrecy of the divulged information. An NDA is a trendy and legally enforceable agreement that governs the sharing of secrets among parties and restricts third-party access to such secrets. The Employee handbook and trade secret contract do not generally contain clauses that uphold the privacy of sensitive company information.

Question

Companies run the risk of employees sharing trade secrets. Which two documents do many companies have their employees sign to help mitigate this risk? Confidentiality agreement Trade secret contract Employee handbook Non-disclosure agreement (NDA)

Answer

Answer

Explanation