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What is required for a person engaging in business under a fictitious name?

  1. Filings with the Secretary of State

  2. Registration of the name with local authorities

  3. A business license from the state

  4. Application for registration and name registration

The correct answer is: Application for registration and name registration

When a person engages in business under a fictitious name, they are required to apply for registration and complete the process of name registration. This is essential because registering a fictitious name ensures that the business is legally recognized and that the name is not already in use by another entity, which helps to protect both the business owner and consumers. The process typically involves filing documents with the appropriate state department, often the Division of Corporations within the Secretary of State's office. This process includes submitting an application that specifies the fictitious name, as well as details about the business entity operating under that name. Once the name is registered, it provides a level of transparency and legal backing for the business operations that follow. While registering the name with local authorities and obtaining a business license are important steps in setting up a business, they are not the primary requirements focused on the naming aspect itself. The emphasis here is specifically on the need for a formal application and registration of the fictitious name to ensure legal compliance and recognition.