The theory consists of several axioms and one theorem. The operation axiom states that the activities of the actors constitute the operation of a business. In exercising, these subjects perform acts, and producing definitive facts. The transaction axiom defines the relation between acts in a precise order of executed coordination and production acts that involve two actors always aiming to achieve a certain result. The composition axiom describes the interrelationships between transactions. The distinction axiom establishes the existence of three human capacities playing a role in the operation of actors called performa, informa and forma. Those abilities are recognized in both kinds of acts that actors perform.