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BUSINESS LAW GLOSSARY |
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Glossary of Business
Law Terms
A
B C
D E
F G
H I
J K L
M N
O P
Q R S
T U
V
W X Y Z #
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- Q -
Qualification: The process by which a
foreign corporation registers in a state of operation other than its state of
incorporation.
Quasi Corporation: A business which has
operated as a corporation without completing the legal requirements, often in
the period just before formal incorporation.
Quorum: The number of people required to
be present before a meeting can conduct business. Unless stated differently in
bylaws, articles, regulations or other rules established by the organization, a
quorum is usually a majority of members.
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