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At Consolidated Foundries, for a resolution to become policy, a quorum
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Updated on: 30 Oct 2017, 06:06
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A
B
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D
E
Difficulty:
75% (hard)
Question Stats:
45% (01:07) correct 55% (01:16) wrong based on 51 sessions
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At Consolidated Foundries, for a resolution to become policy, a quorum of at least half the 20 directors must pass the resolution by at least a two-thirds majority. At a meeting of the board of directors, did resolution X pass or fail?
(1) Ten directors voted for the resolution. (2) Seven directors voted against the resolution
...... Correct answer says B but my query is say for statement 2 only 7 directors came then the quorum will fail cause of lack of minimum strength ie 50 percent.
And what if 10 members attend meeting and 7 vote against. Then quorom fails.
Here are are getting contradiction answers so answer IMO should be E.
At Consolidated Foundries, for a resolution to become policy, a quorum
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30 Oct 2017, 06:32
gurasis1 wrote:
At Consolidated Foundries, for a resolution to become policy, a quorum of at least half the 20 directors must pass the resolution by at least a two-thirds majority. At a meeting of the board of directors, did resolution X pass or fail?
(1) Ten directors voted for the resolution. (2) Seven directors voted against the resolution
...... Correct answer says B but my query is say for statement 2 only 7 directors came then the quorum will fail cause of lack of minimum strength ie 50 percent.
And what if 10 members attend meeting and 7 vote against. Then quorom fails.
Here are are getting contradiction answers so answer IMO should be E.
What do you guys think?
hi...
the answer is going to be B .. (1) Ten directors voted for the resolution. you do not know how many were present.... if LESS than 15 ans is PASSED if MORE than 15, ans is NO Insuff
(2) Seven directors voted against the resolution Take the max 20.. 2/3 of 20 is 13.33, so 14 should have passed so MAX possible NOs is 6, even if all 20 are participating.. here it is 7, ans will always be NO suff
I got B, as statement 2 sufficient to say that resolution did not get 2/3 majority.
However, i am confused at the wording - "at least half the 20 directors", can you please explain? is n't 2/3 already mentioning that it needs more than half?
I got B, as statement 2 sufficient to say that resolution did not get 2/3 majority.
However, i am confused at the wording - "at least half the 20 directors", can you please explain? is n't 2/3 already mentioning that it needs more than half?
Thanks
Hi...
what it means is .. At least half of 20, so at least 10, should have participated in the passing of resolution.. and among those who participated, 2/3 should have said YES
among those who participated could be any number who participated 10,11,12..or all 20
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45% (01:07) correct 
