17:24
chloe ting did this......
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LSDefine
Simple English definitions for legal terms
extraordinary majority
Read a random definition: animal law
A quick definition of extraordinary majority:
An extraordinary majority, also known as a supermajority, is a fixed proportion greater than half, such as two-thirds, that is required for certain extraordinary actions, such as ratifying a constitutional amendment or approving a fundamental corporate change. It is a larger majority than a simple majority, which only requires more than half of the members who vote, and is needed for important decisions that require a higher level of agreement among the group.
A more thorough explanation:
An extraordinary majority, also known as a supermajority, is a fixed proportion greater than half, such as two-thirds, that is required for certain extraordinary actions to pass. This means that more than the usual majority is needed to make a decision.
For example, if a constitutional amendment requires a two-thirds majority to pass, then at least 67% of the members must vote in favor of it. Another example is when a company wants to make a fundamental change, such as merging with another company, they may require a supermajority vote from their shareholders.
These examples illustrate how an extraordinary majority is used to ensure that important decisions are made with a higher level of agreement and support from the members involved.