Given below are two statements.
Statement I : Phenols are weakly acidic.
Statement II : Therefore they are freely soluble in NaOH solution and are weaker acids than alcohols and water.
Choose the most appropriate option:
(A) Both Statement I and Statement II are correct.
(B) Both Statement I and Statement II are incorrect.
(C) Statement I is correct but Statement II is incorrect.
(D) Statement I is incorrect but Statement II is correct