HA3021 Corporations Law - Group Assignment

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Group Assignment

James rings and asks SNL’s company secretary 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 to explain who may be eligible to become a member, and how many members a company is permitted to have. Finally, James asks: how does a person cease to be a member of a company?

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