What Is a Shareholder Quorum

question 29

Multiple Choice

What is a shareholder quorum?

• A) It is the minimum number of shareholders needed to have a valid vote.
• B) It is a method whereby a shareholder elects a representative, commonly another individual or a written document, through which the shareholder casts his vote at the annual meeting.
• C) It is an agreement made in advance among shareholders to vote in a particular manner.
• D) It is the rights of shareholders to protect dilution of their percentage of share ownership.
• E) It is a lawsuit brought on behalf of the corporation by a shareholder when the directors refuse to act.

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