1.In a corporation with 100,000 outstanding capital stock, the by-laws of the corporation provide that the quorum of stockholder's meetings 60%. In this case, the quorum of the stockholder's meeting is?

Group of answer choices

A. Majority of the outstanding capital stock

B. The provision in the by-laws is null and void. Hence, the quorum is only majority of the outstanding capital stock.

C. The provision in the by-laws is null and void.

D. Sixty percent (60%) of the outstanding capital stock