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What difference owning 51 of a company mean?

Harper Allen | 2023-06-06 14:15:25 | page views：1245
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Aiden Wilson

Studied at the University of British Columbia, Lives in Vancouver, Canada.
A partner who owns 51 percent of a company is considered a majority owner. Any other partner in the business is considered a minority owner because he owns less than half of the business. Minority partners can fire a majority partner through litigation.
2023-06-08 14:15:25
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Isabella Harris

QuesHub.com delivers expert answers and knowledge to you.
A partner who owns 51 percent of a company is considered a majority owner. Any other partner in the business is considered a minority owner because he owns less than half of the business. Minority partners can fire a majority partner through litigation.
How to Fire a Business Partner Who Owns 51% of the Company ...
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