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(B) Lipids are a diverse group of organic compounds that are generally hydrophobic in nature.$I$. Lipids are non-polar and hydrophobic,meaning they ar

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$II$ and $III$

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(B) Lipids are a diverse group of organic compounds that are generally hydrophobic in nature.$I$. Lipids are non-polar and hydrophobic,meaning they are water-insoluble. Thus,statement $I$ is incorrect.$II$. Since they are hydrophobic,they are water-insoluble. Thus,statement $II$ is correct.$III$. Phospholipids are a class of lipids that contain a phosphate group,such as lecithin. Thus,statement $III$ is correct.$IV$. Lipids are found in various parts of the cell,including the cytoplasm (as storage droplets) and organelles,not just the cell membrane. Thus,statement $IV$ is incorrect.Therefore,statements $II$ and $III$ are correct.

Which of the following statements regarding lipids are correct?
$I$. Water soluble
$II$. Water insoluble
$III$. Some lipids contain phosphorus
$IV$. Found only in the cell membrane
Choose the correct options.

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Which of the following statements regarding lipids are correct?$I$. Water soluble$II$. Water insoluble$III$. Some lipids contain phosphorus$IV$. Found only in the cell membraneChoose the correct options.