Ownership of 51% of shares gives same level of control as 100% ownership.

Name: Ownership of 51% of shares gives same level of control as 100% ownership.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ownership of 51% of shares may give the majority control of the company, but important decisions still may require a higher percentage of votes, or the approval of other shareholders. Therefore, 51% ownership does not provide the same level of control as 100% ownership.

Ownership of 51% of Shares Gives Same Level of Control