Caroline is a member ofDiamond FittersCC、She has a 40% members’ interest in the close corporation. The remainder of the members’ interests is held in equal shares byEddy and Frank. There is no association agreement in existence between her and the other members. The main asset of the close corporation is a jewellery shop in Johannesburg.Eddy and Frank want to sell the shop and apply for a mortgage loan for an even bigger jewellery warehouse inCape Town.Caroline is not at all in favour of this.Required:AdviseCaroline on her legal position. (10 marks)