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Trade secret infringement is called "misappropriation. " It occurs when someone improperly acquires a trade secret or improperly discloses or uses a trade secret without consent or with having reason to know that knowledge of the trade secret was acquired through a mistake or accident.What is a trade secret? Trade secrets are intellectual property (IP) rights on confidential information which may be sold or licensed. Use of a trade secret belonging to another does not always constitute misappropriation. Remedies for misappropriation—Injunction, royalty. This chapter shall be known and may be cited as the Uniform Trade Secrets Act. Remedies for misappropriation—Injunction, royalty. Reverse engineering or independent development shall not be considered improper means. What is a trade secret?