Consider the Following Two Statements: (I) in a Shelf Cash

Consider the following two statements: (i) In a shelf cash offer, can elect to award the underwriting contract through a public auction instead
Of negotiation.
(ii) A standby rights issue is the same as a pre-emptive rights issue, except that the net proceeds are
Guaranteed in the latter.

A) (i) is correct, (ii) is incorrect.
B) (i) is incorrect, (ii) is correct.
C) Both (i) and (ii) are correct.
D) Both (i) and (ii) are incorrect.
E) (ii) is incorrect, (i) is correct if the auction is private.