Quorum
Quorum refers to the minimum number of shareholders or directors required to be present at a meeting for decisions to be legally valid. In corporate governance, quorum ensures that financial approvals, audits, or policy changes are made with sufficient representation. Without a quorum, resolutions affecting financial statements or strategic decisions cannot be formally adopted.
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Quasi Contract
A quasi contract is a legal obligation imposed to prevent one party from being unjustly enriched at another’s expense, even…
Qualified Dividend
A qualified dividend is a distribution to shareholders that meets specific tax criteria, allowing it to be taxed at lower…
Quiet Period
A quiet period is a timeframe when a company limits public communications, typically before an initial public offering or earnings…
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