Consider the following statements: 1. A flip-flop is used to store 1-bit of information. 2. Race-around condition occurs in a JK flip-flop when both the inputs are 1. 3. Master-Slave configuration is used in flip-flops to store 2-bits of information. 4. A transparent latch consists of a D-type flip-flop. Which of the above statements is/are correct?

• A. 1 only
• B. 1, 3 and 4
• C. 1, 2 and 4
• D. 2 and 3 only