A member of a company is __________. A. Promoter B. Registered shareholder C. Director D. Broker

A promoter is a person who takes the initiative in forming a company and who is responsible for bringing together the other people and resources necessary to start the company. Promoters are not usually considered to be members of the company, although they may be given shares in the company as compensation for their services.

A director is a person who is appointed by the shareholders to manage the company on their behalf. Directors are responsible for the day-to-day running of the company and for making decisions about its future. Directors are usually considered to be members of the company.

A broker is a person who acts as an intermediary between buyers and sellers of shares. Brokers do not usually own shares in the companies whose shares they trade.