Cute Kitties Ltd is a successful cat grooming supplies business. started by Brodie. The business grew well over many years and eventually was owned in equal shares by Brodie and his two children Cassie and Oscar. Cassie, Oscar and Brodie all hold management roles in the business. Brodie wants to sell all of his shares to Rico, who is the sales manager of Cute ltties Ltd. After the share sale Brodie will retain his role as general manager. What is the consequence of this shareholding change? Select one altematlve: O The company will continue due to the principle of perpetual succession O The company will need to be dissolved because Brodie. who started the business is no longer an owner The company will need to be dissolved and a new company owned by Cassie. Oscar. and Rice must be created The company will continue because the people responsible for both the ownership and management have 0 not changed Which one of the following general observations about property concepts is the most oorrect: Select one alternative: 0 At any given time. only one person can have property rights in a property object 0 It is not possible to hold proprietary rights in intangibles such as copyright 0 The owner of a properly object will always be entitled to immediate possession of the object The doctrine of indefeasibility: Select one alternative: O Applies to both land (bewuse of the Land Transfer Act) and personal property (because of the Personal Property Securities Act} 0 Allows a person who has forged a document to enforce the interest provided for by the document as long as the forger succeeds in getting the document registered on the title Would allow the holder of an unregistered interest in land to claim compensation from a subsequent buyer 0 whose interest is registered on the tide