How many members constitute a quorum for the Board?

A quorum is defined as the minimum number of members required to be present for the Board to conduct its business officially. In the context of many boards, including those in various regulatory and oversight capacities, having a quorum ensures that decisions made are representative and that adequate discussion and voting can occur.

In this case, the correct answer states that four members constitute a quorum. This indicates that at least four members must be present for the Board to meet and make binding decisions, ensuring that there is sufficient representation and accountability in the decision-making process. A higher quorum requirement, like four members, reflects the importance of collaborative governance, where a variety of perspectives can contribute to discussions and deliberations.

This setup helps in preventing decisions from being made by a very small subset of the board, which might not adequately represent the diversity of opinions or the interests of all stakeholders involved. It fosters a more democratic process within the governance framework established for the Board, ensuring that a significant majority is involved in key decisions.