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The minimum number or proportion of members needed to legally transact business is a: Quorum

More about Quorum:

A quorum is the minimal number of people required to do business in a deliberative assembly (a body that follows parliamentary process, such as a legislature).

"Requirement for a quorum is protection against totally unrepresentative action in the name of the body by an unduly small number of persons." it is believed by Robert Rules.

The Latin word quorum, which means "of whom" and is the genitive plural of qui, "who," is the source of the Middle English phrase of the commission that was once given to justices of the peace.

Quora is therefore an invalid Latin pluralization of quorum. The bare minimum of electors required for a legally binding election is sometimes referred to as a quorum in modern times.

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