Best Answer

A 51% partner of a corporation has more control than a 49% partner

User Avatar

Wiki User

โˆ™ 2015-08-31 09:22:42
This answer is:
User Avatar
Study guides





See all cards
89 Reviews

Add your answer:

Earn +20 pts
Q: Who has more control a 51 percent or 49 percent partner of a corporation?
Write your answer...
Still have questions?
magnify glass
Related questions

Do owners of a corporation have shared control?

Yes, stockholders of a corporation have as many votes as they have shares. The more shares they own, the more control of the company they have. Therefore the control is not distributed equally but based on shares.

What would happen if you controlled more then 10 percent of your brain?

As you already control more than 10 percent of your brain nothing significantly different would happen.

What are the disadvantages of a corporation?

difficulty of start up, double taxation, potential loss of control by the founders, and more legal requirements and regulations.

Who has more stores VF corporation or macy's?

VF Corporation

What corporation operates in more then 1 country?

Global Corporation

Difference between partnership and public limited company?

A partnership is a legal term to define a joint venture of 2 or more persons. In a partnership all of the partners are jointly and severally liable for any losses. In this type of arrangement each partner can be forced to pay for all of any debts. They would then have the option of going after the other partners for their pro-rata share of the debt. In a limited partnership the only entity liable for the debts is the "general partner". The general partner can be either a person or another partnership or corporation. In a corporation the corporation is the only entity liable for debts. The owners are not liable. The corporation is a fictional "person" in the eyes of the law.

Why is a corporation more advantageous than a partnership?

A corporation is more advantageous than a partnership because a corporation can be located in a US State such as Delaware that has no corporate income taxes. As a corporation shares may be sold to the public to raise funds. Corporations avoid the problems associated with partnerships in that the latter is not reliant upon a set of individuals to function and avoids the problems associated with the death of a key partner. Key partner insurance can be obtained but at a cost that reduces the profitability of the organization. Corporations also can absorb lawsuits without endangering the personal liability of the share holders. A partnership is subject to lawsuits that directly hold individual partners monetary damages. Also the name of a corporation is more easily sold along with its assets should the shareholders wish to sell the business.

Can extreme age differences in marriage lead to infidelity?

Yes, an extreme difference in ages when married has a higher percent that will lead to infidelity because the youngest partner will have much more energy and therefore want to do more social activities whereas their older partner may not be able to keep up the pace and therefore infidelity is far more alluring to the younger partner to get what they need.

Which country was the United States' largest trading partner for office furniture?

Canada ranked as the country's main trading partner. In 2002 it received about 36 percent of all U.S. office furniture exports and provided more than 64 percent of all office furniture brought into the United States.

What is the motto of RCN Corporation?

RCN Corporation's motto is 'Connect to Something More'.

Why most women like their partner's brother but not their partner's sisters?

Depending on the girl, she may think that her partner sister is a bitch(sorry if it offends) and the brother may be more like her partner and she can relate more to him

What products does the Eaton Corporation make?

Eaton Corporation makes electrical components and systems that regulate power quality, distribution and control. So they provide things help run hydraulics, industrial equipment, drivetrain and powertrain systems and more.

People also asked