Step 1: Understanding the Concept:
Butter contains air incorporated during churning.
Air content affects butter properties.
Step 2: Key Formula or Approach:
No specific formula.
Need to know the properties of butter.
Step 3: Detailed Explanation:
Statement I: Butter contains 3-5\% air by volume - true.
Statement II: Air does not affect spreadability - false.
Air affects the texture and spreadability.
Thus, Statement I is true, but Statement II is false.
Step 4: Final Answer:
Statement I is correct but Statement II is incorrect.
Hence, the correct option is (C).
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