Ace Corporation requires a quorum of five directors.Under the RMBCA if Pam, a director, shows up at the
meeting for a vote on her favorite topic, dividends, and withdraws thereafter leaving only four directors, they may not act on any further business.

Question

Quizplus · Accepted Answer

Under the Revised Model Business Corporation Act (RMBCA), if a quorum is initially present but directors leave, reducing the number below the quorum, the remaining directors cannot act on further business.

Ace Corporation Requires a Quorum of Five Directors