There Is No Minimum Number of Directors Who Must Be

question 20

True/False

There is no minimum number of directors who must be present at a directors meeting in order for decisions to be valid.

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Definitions:

Inrush Current

The amount of current that is drawn when an inductive device is first connected to the power line.

Magnetizing

Refers to the process of inducing magnetic properties in a material, usually by placing it within a magnetic field or by passing an electric current through it.

Excitation

The process of supplying electrical current to the field windings of a motor or generator, stimulating it to generate a magnetic field or to operate.

Activating

The process of making a device or system operational, such as by applying electrical power or enabling its functions through a control mechanism.