Consider the following statements and choose the correct answer from the codes given below,

Statement I: Connotation implies the abstract meaning or intent of a term

Statement II: Denotation signifies the explicit or direct objects or set of objects a term refers to

1
Both Statement I and Statement II are true
2
Statement I is correct but Statement II is incorrect
3
Statement I is incorrect but Statement II is correct
4
Both Statement I and Statement II are incorrect

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