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2016 pushed the conservative party into populism irreversibly
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LSDefine
Simple English definitions for legal terms
Quorum
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A quick definition of Quorum :
Quorum: A quorum is the minimum number of people needed to be present at a meeting in order for important decisions to be made. This is usually required for groups like government bodies, company boards, and shareholder meetings. Without a quorum, no official actions can be taken.
A more thorough explanation:
Definition: A quorum is the minimum number of members required to be present at a meeting in order for official action to be taken. This is often required for groups such as legislative bodies, corporate boards of directors, and shareholder meetings.
Examples:
- A city council may require a quorum of at least 5 members to be present in order to vote on a new ordinance.
- A board of directors for a company may require a quorum of at least 50% of its members to be present in order to make important decisions.
- During a shareholder meeting, a quorum of at least 25% of the company's shareholders may be required in order to vote on important matters such as electing new board members.
These examples illustrate how a quorum is necessary in order for a group to make official decisions. Without a quorum, the group may not have enough members present to make a valid decision. This ensures that important decisions are not made without the input of a significant portion of the group's members.