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Tina runs a single director proprietary company called Fashion X Pty Ltd. 1. Tina is considering bringing her sister into the company as a shareholder.

Tina runs a single director proprietary company called Fashion X Pty Ltd.

1. Tina is considering bringing her sister into the company as a shareholder. Explain what difference that will make to the company. 2 marks

2. Tina wants to raise more capital to increase the size of the company and expand its business. What options does Tina have in seeking to raise more funds? 2 marks

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