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Week 7 - Question 2 (10 marks) Kelvin is considering buying shares in a company....

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Accounting

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Week 7 - Question 2 (10 marks) Kelvin is considering buying shares in a company. Kelvin asks you to explain to him what is meant by the terms 'member' and 'shareholder', and the different ways in which a person may become a member. He also asks you to explain who may be eligible to become a member, and how many members a company is permitted to have. Finally, Kelvin asks "How does a person cease to be a member of a company?" Required: Advise Kelvin

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