Generally, a quorum of shareholders exists when shareholders holding more than 50% percent of the outstanding shares are present.
Except as otherwise specifically permitted by law, a majority of the outstanding shares of the corporation eligible to vote at the meeting must be represented by shareholders at a meeting of shareholders, either in person or by proxy. When shareholders holding more than 50% are present, a quorum is held.
To learn more about, a quorum of shareholders, visit:
https://brainly.com/question/27010518
#SPJ4
