Given below are two statements:

Statement I: Canvas is a Learning Management System (LMS) that supports online teaching and learning.

Statement II: Canvas is a paid LMS.

In the light of the above statements, choose the most appropriate answer from the options given below:

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

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