Consider the following statements regarding the Panama Canal:
1. The Panama Canal connects the Pacific and Atlantic Oceans, allowing ships to bypass the South American tip of Cape Horn.
2. The control of the Panama Canal was transferred from the United States to Panama at the end of the 20th century.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2