Given below are two statements : Statement (I) : The oxidation state of an element in a particular compound is the charge acquired by its atom on the basis of electron gain enthalpy consideration from other atoms in the molecule. Statement (II) : \(\mathrm{p} \pi-\mathrm{p} \pi\) bond formation is more prevalent in second period elements over other periods. In the light of the above statements, choose the most appropriate answer from the options given below :

• A

  Both Statement I and Statement II are correct
• B

  Both Statement I and Statement II are incorrect
• Correct answer
  C

  Statement I is incorrect but Statement II is correct
• D

  Statement I is correct but Statement II is incorrect

Hence, the correct answer is option: 'C'.