Which of the following statements are true about the Investment Promotion Authority?
I. It is able to sue and be sued in its corporate name and style.
Il. It is able to have a common seal.
Ill. It is a body corporate with perpetual succession.
IV. It is able to acquire, hold and dispose of property.

A. I, II, III
B. II, III, IV
C. I, II, III, IV
D. III, IV