Step 1: Understand cnidarian life cycle.
Cnidarians (e.g., Obelia, Aurelia) show alternation of generations involving polyp and medusa stages. This is known as metagenesis.
Step 2: Evaluate statement A.
Polyp stage reproduces asexually (budding) to produce medusae in many cnidarians. Hence, statement A is correct.
Step 3: Evaluate statement B.
Medusa produces gametes sexually. Fertilization leads to a larval stage (planula), which develops into polyp. Thus, medusoid forms are associated with sexual reproduction leading to polyp formation. Hence B is considered correct in this context.
Step 4: Evaluate statement C.
Metagenesis is not merely occurrence of different zooids; it is alternation between polyp and medusa forms. Hence C is incorrect.
Step 5: Evaluate statement D.
Polyp produces medusa asexually, not sexually. Hence D is incorrect.
Step 6: Final conclusion.
Statements A and B are correct, while C and D are incorrect.