James, a 16-year-old high school student, is interested in investing in a small ...
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James, a 16-year-old high school student, is interested in investing in a small start-up and decides to become a member of Bright Future Pty Ltd by purchasing shares in the company. The company’s legal team informs him that he cannot become a member because he is under 18 years old.
(3 marks)
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