Which of the Following Is True of a Quorum

question 9

Multiple Choice

Which of the following is true of a quorum?

• A)It is the maximum number of proxies that are allowed
• B)Statutes, bylaws, or the articles of incorporation ordinarily require a majority of outstanding stock to constitute a quorum.
• C)A stockholder's proxy cannot be counted in reaching a quorum in a convened meeting.
• D)At common law, a quorum consisted of the number of proxies at a properly convened meeting.

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Definitions:

American Freedom

The set of values, principles, and practices that define the liberties and rights pursued and protected in the United States, including freedom of speech, religion, and the pursuit of happiness.

Alger Hiss

A former U.S. government official who was accused of being a Soviet spy in 1948 and convicted of perjury in connection with this charge.

Julius Rosenberg

An American who, along with his wife Ethel, was convicted of espionage for the Soviet Union and executed in 1953, in a case that remains controversial.

Ethel Rosenberg

An American woman who, with her husband Julius Rosenberg, was convicted of espionage for allegedly passing atomic secrets to the Soviet Union during the Cold War.