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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

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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