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Darla serves in a representative capacity for Ellen. To accomplish the objectives of this relationship, Darla's authority can be implied
Partnership Capital
The total resources or assets that partners contribute to a partnership for the purpose of starting or expanding the business.
Trade Name
A commercial name used by a company or business for trading purposes, under which it conducts business or offers services.
Sole Proprietor
An individual who owns and operates a business alone, without forming a corporation or partnership.
Fictitious Business Names
Aliases under which individuals or businesses operate that are different from their legal, registered names, often registered with local or state governments.
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