Cartoon Guy Holding Stack Of Books


ABC Blocks

A situation in which a business owner operates a company under a name different from its legal name. the owner must file a fictitious name statement, dba statement, or an assumed name statement with the appropriate agency — for example, the county clerk or secretary of state — that records the names of the business’s owners. this enables consumers to discover the names of the business owner(s), which is important if a consumer needs to sue the business.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.