The purpose of requiring the filing of fictitious business names is to allow the public to know the
true owner of businesses operating under fictitious names.
Indicate whether the statement is true or false
TRUE
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Which of the following courses of action is best suited for a company in the event of the sales of
its product increasing by a significant percentage? A) investigating new target markets and designing new products B) arranging for a backup channel partner and repositioning the product C) conducting a competitive analysis and predicting a competitor's target market D) determining competitive advantage to use in future designs
Which of the following is true about articles of limited partnership?
A) The articles of limited partnership apply to the general partners only. B) The articles must be filed along with the certificate of limited partnership. C) Without articles of limited partnership, the partnership will be treated as a general partnership. D) If there are no articles of limited partnership, the certificate of limited partnership will serve as the articles.