Which of the following statements about business names is NOT true?
A)Registration grants monopoly rights but not proprietary rights.
B)A business name must be registered in every state the business trades in.
C)Registration provides a registry so that business owners can be identified.
D)Registration is not necessary if the entity is a registered company trading in the company name.

Question

Quizplus · Accepted Answer

A business name only needs to be registered in the state or territory where the business operates or is based, not in every state.

Which of the Following Statements About Business Names Is NOT