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There is not absolute number. The minimum needed is set by by the organisation and is called a quorum
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The magazine for Future Business Leaders of America (FBLA) members is called Tomorrow's Business Leader.
The minimum amount of members is called the quorum.
quorum
It is called a Quorum It isn't only not making laws, if the minimum number of members is not present, congress cannot even talk about passing a bill. (Most history books call this "doing business")
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In a business or commercial scenario - if a business is a partnership, one of the two partners will generally be named/elected/delegated as the 'Managing Partner' (Partner in Charge) who will be the front-man for all the business the company may transact. The other partner may assume some other 'low-key' position such as the financial and/or administrative (the so-called 'back office') duties.
The risk of lending on character is called moral risk. Business risk involves lending on capacity. The risk of lending on capital is called property risk. An ideal business borrower will combine a minimum of each.
be honest and fair in all business
This is called 'Quorum' and this must be one tenth of the total number of the members of the house.
Minimum wage.