Assume that 12,000 shares are represented at a shareholder meeting.How many votes are normally necessary to carry a motion?
A) 10,000
B) 6,001
C) 4,001
D) 8,001

Question

Quizplus · Accepted Answer

In a typical voting scenario, a simple majority is required to carry a motion. Therefore, more than half of the 12,000 shares, which is 6,001, would be necessary to achieve a majority.

Assume That 12,000 Shares Are Represented at a Shareholder Meeting