Asked by
Jasminah Jones
on Nov 01, 2024
Verified
The quorum-or minimum number of directors necessary to conduct business-is usually one more than half (51%)of the total number of directors and does not apply to special meetings.
Quorum
The minimum number of members who must be present at a meeting to make the proceedings of that meeting valid.
Directors
Individuals elected by shareholders to manage and oversee the affairs of a corporation, forming its board.
- Familiarize oneself with the structure and responsibilities inherent in corporate governance, including the tasks of the board of directors and the processes for voting.
Verified Answer
AW
Learning Objectives
- Familiarize oneself with the structure and responsibilities inherent in corporate governance, including the tasks of the board of directors and the processes for voting.