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Simple English definitions for legal terms

majority shareholder

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A quick definition of majority shareholder:

A majority shareholder is someone who owns or controls more than half of a company's stock. This means they have a lot of power and influence over the company's decisions. On the other hand, a minority shareholder owns less than half of the company's stock and cannot control the company's management or elect directors on their own. There are also dummy shareholders who own stock in name only for the benefit of the true owner, and controlling shareholders who have a significant number of shares that are widely distributed among many others.

A more thorough explanation:

A majority shareholder is a person or entity that owns or controls more than half of the total shares of a corporation. This means that they have a significant amount of power and influence over the company's decisions and operations.

For example, if a corporation has 100 shares of stock outstanding, a majority shareholder would own 51 or more of those shares. This gives them the ability to elect the board of directors and make other important decisions that affect the company.

On the other hand, a minority shareholder owns less than half of the total shares and does not have the same level of control or influence over the company. They may still have a voice in certain decisions, but they cannot make decisions on their own.

Overall, the majority shareholder plays a crucial role in the governance of a corporation and can have a significant impact on its success or failure.

majority rule | majority verdict

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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