Shareholder meetings require a(n) ________, generally the presence of the shareholders holding more than 50 percent of the outstanding shares.

A) proxy
B) quantity
C) majority
D) quorum
E) ante

Quorum

The minimum number of members that must be present at a meeting to make the proceedings of that meeting valid.

Shareholder Meetings

Gatherings of a corporation's shareholders, held to discuss company affairs, make decisions, and vote on corporate governance matters.

Outstanding Shares

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares owned by the company’s officers and insiders.