With regard to cultural environment, which of the following statement is/are correct
(1) A high content culture places great value of intangible aspects of a value on intangible aspects of a business deal.
(2) A low content culture deals only in tangible aspects of the deal.
Select the correct answer using the option given below:

A. Only 1

B. Only 2

C. Both 1 and 2

D. Neither 1 nor 2

Answer: Option C