Question

A corporation issues 1,200,000 shares of stock at its beginning to shareholders. How many shares must a shareholder own to have a majority of the shares?

Answer 1

he must be having at least 51% to have majority now calculate 51% f 1,200,000= 0.51*1,200,000=612,000 shares

Answer 2

thank you so much! :)

Answer 3

:)

Answer 4

Why is at least 51%?