What is the difference between a shareholder and a partner?

The main difference between a shareholder and a partner in the state of West Virginia is the level of control they have in a business. Shareholders own stock in a company, giving them limited control and minimal influence in how it is run. On the other hand, partners have a greater level of control and influence in a business, though it is shared with other partners. Shareholders are passive investors in a company, meaning they have no direct involvement in the decision-making process of the business. Their only input is through voting in shareholder meetings, which typically are held once a year or less. Shareholders are typically not liable for any debts or losses incurred by the company. Partners on the other hand, share control and liability in a business. They have jointly control of the business, and can make decisions regarding how it is run. Partners are also liable for any debts or losses that the business incurs. Partners are required to cooperate with each other and share responsibilities in running the business. In conclusion, shareholders are passive investors in a company who have no direct involvement in decisions and are not liable for any debts or losses. Partners, on the other hand, have shared control and shared liability in the business and are responsible for any losses or debts that are incurred.

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What is the difference between a shareholder and a partner?

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