11:50
berk td is unlikely so BERK MONDAY :eyes:
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LSDefine
Simple English definitions for legal terms
fictitious business name
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A quick definition of fictitious business name:
A fictitious business name is a name that a person or company uses to do business under a different name than their legal name. For example, if Jane Doe starts a catering business called JD Catering, that is a fictitious business name. Sometimes, states require approval or registration to use a fictitious business name, and there may be rules about what words can be used in the name. It's important to follow the rules and get the necessary approvals to use a fictitious business name.
A more thorough explanation:
A fictitious business name is a name that a person or company uses to do business under, which is different from their legal name. For example, if Jane Doe wants to start a catering business, she might use the name JD Catering instead of her legal name. This is called a fictitious business name.
Some states require approval or registration to use a fictitious business name. For example, in New York, a corporation has to file a DBA (doing business as) with the County Clerk where the business is located. The name also cannot include words that could confuse the business with a government agency.
It's important to follow each state's regulations and file the necessary paperwork to use a fictitious business name.
Example: Jane Doe wants to start a catering business. Her legal name is Jane Doe, but she decides to use the name JD Catering for her business. This is a fictitious business name.
Example: ABC Corporation is a company that sells shoes. They decide to use the name XYZ Shoes for their business. This is also a fictitious business name.
These examples illustrate how a person or company can use a name that is different from their legal name to do business under.