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

1/2 of 1,200,000 is 600,000. To have a majority, then, you need any insignificant amount+ a half of the number, so 600,001 (since you can't have fractions of a share).