Accountancy, asked by mbellary9529, 1 year ago

Explain the meaning of the term ‘quorum’.

Answers

Answered by saikrishnadampcfe8q
1
the smallest number of people that must be at a meeting before it can make official decisions
Answered by itzOfficialAshu
2

Answer:

A quorum is a minimum level of interest or attendance required before an official meeting or action can take place. Companies often stipulate the quorum required among shareholders to make decisions, spelled out in the corporate charter.

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