Can i, mortal a 49% owner of a small business be fired by my partner who is 51% owner?
Answers:
Perhaps but you are still an owner. You might obligation a legal representative. The majority owner may utter you dilapidated the appeal of the partnership and what you paid$10,000 for is presently worth $1000. That is why they have to achieve you away from managing the company.
She or He must enjoy VERY appropriate decriminalized grounds to stand on to fire you. If not, I would appropriate it to the courts!
Only if he's of a mind to buy stern your 49% of the company.
My parents owns partly a business, so i no for a reality that they cannot be fired because they compensated partly the price to start the business. but in your casing, you remunerated 49% so you probably cant be fired anyways.
no, you can't...
TWO WORDS,, YOUR FIRED!! JOKiN,,, ARE YOU SERIOUS, YOU CANT FIRE AN OWNER! WOW, IM GOING TO SLEEP AFTER THAT ONE!
I don't see how one partner can fire another. I suggest you contact a attorney specializing in corporate statute and address this issue. Laws can differ from one state to another.
no.depends...is it underneath both of your name?