Greetings Guy,
Very interesting indeed! And here is my two-bobs worth!
I could not help but ponder the relationship a bit further. for example, we have a relationship amongst <Authority>------<Account Holder > ------< Account>. We could have various Accounts: Savings account, Equity account, Cheque account etc. The various Account Holders could be the Owner, Trust, Friendly Society, Saving Club, Corporation etc. The various Authorities could be Me, Myself and partner (joint account), Legal Entity, nominee, power of attorney etc.
I normally examine the states/types of each of these entities/classes, and then go through the who, what, when, where and how?
For example, what happens if it was a single account and the owner nominates a co-signatory (authority) thus creating a joint-account (change of state); what happens if it was a joint account and a co-signatory decides to move on (change of state: divorce, death etc); do we revert to single-account (change of state). Questions: if divorce then what; if death then what etc...; what in the case of serious illness (change of state) the person nominates someone to have "power of attorney"; what if an account has three signatories and at least two must authorize withdrawal etc.
For example, an account could be Frozen, Delinquent, have funds, Overdrawn, on-hold/suspended, limited, archived etc, An authority could be alive, dead, sick, mentally incapacitated, a foreigner, a resident etc. . Each of these states provides input to requirements.
My point: A good state diagram ads tremendous value to this type of inquiry.
warm regards,
K