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Considering the following two statements concerning share issues: Statement (i): A placing of shares involves an invitation to the public to subscribe for shares. Statement

Considering the following two statements concerning share issues: Statement (i): A placing of shares involves an invitation to the public to subscribe for shares. Statement (ii): An offer for sale involves a business selling its shares to an issuing house. Which one of the following combinations (true/false) relating to the above statements is correct? Both of the statements are true. (i) is true; (ii) is false. (i) is false; (ii) is true. Both of the statements are false

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