Which of the Following Statements About Business Names Is NOT

question 15

Multiple Choice

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.

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Definitions:

Proposition

An assertion or declaration that conveys an opinion or judgment, which may be either true or false.

Contraries

Things or propositions that are opposite in nature, characteristic, or definition.

Universal

Including, relating to, or affecting all members of the class or group under consideration.

Particular

Referring to a specific detail or instance among general examples.