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.