To be valid, a stockholders' meeting requires the presence of a minimum number of shares that must be represented in order that business may be lawfully transacted. This is called ( ).

To be valid, a stockholders' meeting requires the presence of a minimum number of shares that must be represented in order that business may be lawfully transacted. This is called ( ).


a. Requirement on quasi contract
b. Requirement on quorum
c. Requirement on voting trust
d. Requirement on voting

Answer:  b


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