Concept:
The spontaneity of a process at constant temperature and pressure is determined by Gibbs free energy.
The Gibbs free energy equation is:
\[
\Delta G = \Delta H - T\Delta S
\]
A process is spontaneous if:
\[
\Delta G < 0
\]
The entropy change indicates the degree of disorder in a system.
A positive entropy change generally favors spontaneity.
Step 1: Recall the criterion for spontaneity.
For a spontaneous process:
\[
\boxed{\Delta G < 0}
\]
This is the fundamental condition.
Step 2: Consider the entropy change.
Spontaneous processes generally proceed toward greater randomness.
Hence entropy tends to increase.
\[
\boxed{\Delta S > 0}
\]
Step 3: Choose the correct option.
Combining both conditions:
\[
\Delta G^\circ < 0
\]
and
\[
\Delta S > 0
\]
Therefore,
\[
\boxed{(2)}
\]
is the correct answer.