Which of the following statements on the 'Log Loss' function (that is used to find the best-fit curve for Logistic regression) is/are correct?

1. Correct classification will contribute very minimal to the loss function.

2. Incorrect classification will add a large magnitude to the loss function.

3. The best-fit Logit curve is found by maximizing the Log Loss function.

a. (1) & (3)

b. Only (1)

c. Only (2)

d. (1) & (2)