Under the MBCA, a Quorum of Shareholders at an Annual

question 55

Multiple Choice

Under the MBCA, a quorum of shareholders at an annual meeting may be not less than what percentage of the shares entitled to vote?

• A) 10
• B) 33 1\3
• C) 66
• D) 50

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Definitions:

Clutch Pack Assembly

A component in automatic and some manual transmissions comprising multiple clutches to engage and disengage gears.

Intermediate Plate

A component in a multi-plate clutch assembly that separates the friction plates, often used in automotive transmissions.

Intermediate Plate

A component used between two parts of a machine to provide spacing, support, or a mounting surface, often found in transmissions or engine assemblies.

Pot Type Flywheel Housing

A specific design of flywheel housing that encapsulates the flywheel in a deep cavity, often encountered in large industrial or marine diesel engines.