Under the MBCA, a quorum of shareholders at an annual meeting may be not less than what percentage of the shares entitled to vote?

Name: Under the MBCA, a quorum of shareholders at an annual meeting may be not less than what percentage of the shares entitled to vote?
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Under the Model Business Corporation Act (MBCA), a quorum for a shareholders' meeting is typically a majority of the shares entitled to vote, but it cannot be less than one-third (33 1/3%) of those shares.

Under the MBCA, a Quorum of Shareholders at an Annual