In most jurisdictions,there is no quorum unless the holders of at least _____ of the outstanding shares are present in person or by proxy.
A) 25%
B) 33%
C) 50%
D) 75%

Question

Quizplus · Accepted Answer

In most jurisdictions, a majority of the outstanding shares is required to constitute a quorum. This means that at least 50% of the outstanding shares must be present in person or by proxy for a quorum to be achieved. Options A, B, and D are lower or higher than commonly required quorum percentages.

In Most Jurisdictions,there Is No Quorum Unless the Holders of at Least