Funtime plc, who manufacture games has the following clauses in its Articles: (i) Directors shall be appointed for a term of 10 years. (ii) There are two classes of shares: member's shares and director's shares. Dividends on director's shares shall be paid before the dividend on member's shares. (iii) Members who wish to sell their shares shall offer them to other members, who will agree to purchase them. (iv) The members can appoint a financial advisor to the company who will serve a term of two years. (v) Any disputes shall be approved by arbitration. The following events have now occurred: (a) Ronnie (a member) would like to sell her shares to Martin (who is not currently a member). The other members are objecting to this sale. (b) Anita was appointed as the company financial advisor for a term of two years. After a year the members voted to remove her from this role. Anita is objecting to her removal and wishes to sue for compensation. (c) Mark has been a director for two years. The members have discovered that he has been making profits at the company's expense therefore that would like to alter Article (i) to add "unless removed earlier by a vote of the members" so they can remove him as a director. Mark is challenging this alteration of Article (i). (d) A majority of members vote to change Article (ii) so that the dividend on member's shares is paid before that on-director's shares. The holders of director's shares (who are in the minority) are objecting to this alteration of Article (ii). Critically discuss the legal status of a company's articles of association, and the grounds on which alteration of the articles is allowed, relating your discussion to each of the situations above..