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 :