Mechanism-based check: Acid sulfate soils form when sulfide minerals such as pyrite (\( \text{FeS}_2 \)) are exposed to air and oxidise, generating sulfuric acid and driving soil pH down to strongly acidic levels.
This acidity dissolves aluminium, iron, and manganese oxides and silicates, releasing them as soluble, often toxic ions into soil water and drainage, which directly supports Statement I.
These soils typically form in waterlogged coastal and estuarine sediments and their extreme acidity and metal toxicity generally suppress rather than support plant growth, so the claim that they are inherently fertile due to high organic matter, Statement II, does not hold.