Without meaning to sound condesending - i find it very interesting when people have jobs in factorys doing jobs that we would never even think about - i.e. screwing lids on toothpaste tubes!! Do you ...
at my job all the managers got together and bought a popcorn machine . they thought it would improve moral. we are on lots of manditory overtime and its been 6 months.the employees about 400 ...
What are some of the GOOD third-party logistics provider besides CH Robinson and FreightQuote.com, who can provide domestic Rail service as well as domestic ground trucking? Preferably out of C...
Suppose you were interviewing a candidate for an entry-level job. (forgive the sexist language, but for the sake of not having to type "he/she" over and over, let's assume the ...
Years ago you used to lots of Esso petrol station in the UK, but I hardly see them anymore!! Where have they gone. I know they were taken over by Exxon, but still you don't see any petrol ...
Pls help to tell me, after I sent the best quotation, Why the clients can't give me any answer. even I sent many letter on the thing, but they don't give me any information on the quotation....
You're both owners... he has the controlling interest.
ustoev
You both are owners. He is the majority owner because he has the majority of the stock and has ultimate authority. You are the minority owner for the same reason.
Lola
both of you are owners, but he may have final say in major business tranactions.
flingebunt
You both own the company. Because of the 51% vs 49% the other guy (sounds a bit like the other woman..ha ha) has control of the company.
If control = ownership, then he has effective ownership of the company.
He can make decisions about everything, even including how much to pay out to you, unless specified somewhere in writing.
Such a setup is so that you are the "silent partner" which means, you give money, but have no say in running the company.
If you built the company together, then it sounds like he screwed you big time.
Feeling Mutual
The shareholders are the owners, that is, both of you.
He has enough shares to outvote you in every decision.
johnnybelinda
both of you, he owns more shares and therefore is in more control
dmon86
Legally since its a corporation you both are. You both can make decisions without the others permission. Trust me I have studied this sort of thing. Just because he has 51% just means he gets 51% of the net profits basically. Nothing else.
Homepage 
Financial
Forum 
Corporations 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
