Statement (1) is incorrect and only statement (2) and (3) are factually correct.
Magna Carta, or the great charter of freedom, was a declaration of rights granted to barons of England, signed by King John of England, not King George III. It guaranteed the protection of church privileges, safeguards against wrongful detention of barons, quick access to justice, and restrictions on feudal payments to the Crown, all of which were to be carried out by a council of 25 barons. In 18th century, Magna Carta influenced the founding fathers of the United States of America while writing the famous declaration of Independence.
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