Statement (I): Employee leasing is a contractual arrangement in which the leasing company is called Professional Employer Organisation (PEO).

Statement (II): In employee leasing contract, the leasing company provides employees for non-specialised areas of work.

Code:

1
Statement (I) is correct but (II) is incorrect.
2
Statement (I) is incorrect but (II) is correct.
3
Both the statements are correct.
4
Both the statements are incorrect.

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