A basic definition of "quorum" is, "the minimum number of people who must be present to conduct the business at hand." Thus, there is no specific number for all corporations to follow.
In any given assembly, a quorum is the number decided upon by that assembly as the minimum number of persons that must be present for the assembly to operate or generally conduct business.
Generally a quorum is one half of the people that are on a board. Most bylaws do not allow a vote to go forward is there is not a quorum present.
A quorum is the minimum number of people in a group that are required to make decisions that can stand and are valid. In many cases, a quorum is one half of the entire group.
The question of "how many is a quorum" should be answered in the committee, board, or club's bylaws, with a clause such as "membership present shall constitute a quorum for voting" or some will use a percentage. When all else fails - at least 51% of the total membership should be present for a vote.
The Bank of America is a corporation that acts as a bank for many people.
minimum 10 people
218
The quorum is 218. This is the minimum amount of people needed to conduct business. This makes sense because there are 435 total members in the House of Representatives and 217.5 is exactly half.
A simple majority of members is all that is required in either house to vote on an issue. It is always assumed that there is a quorum.
answers corporation and many other people.
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Westfield Corporation employs over 3,000 people.
2