In the context of protecting intellectual property, which of the following is a difference between patents and trade secrets?

A) Unlike patents, only intangible goods are subjected to being treated as trade secrets.
B) Unlike patents, trade secrets are bounded by time limits.
C) Unlike patents, disclosure of information related to trade secrets is not required.
D) Unlike patents, trade secrets involve filing costs.

Trade Secrets

Trade secrets consist of confidential business information that provides an enterprise with a competitive edge, such as formulas, practices, processes, designs, instruments, patterns, or compilations of information.

Patents

Legal documents granting inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission for a certain period.

Disclosure of Information

The process by which information is made available or disclosed to the public or to specific parties.