For the following two statements indicate the correct answer.
Statement I Advertising is any paid form of personal presentation and promotion of ideas, goods or services by an identified sponsor.
Statement II Sales promotion consists of most long-term incentive tools, designed to stimulate greater purchase of particular products or services by consumers or the trade.

A. Both statements are correct

B. Both statements are incorrect

C. Statement I is correct, but Statement II is incorrect

D. Statement II is correct, but Statement I is incorrect

Answer: Option B