A reaction mechanism is illustrated. Which of the following statements about this reaction are correct? 1. Heterolytic bond fission occurs. 2. It is a substitution reaction. 3. $\text{OH}^-$ acts as an electrophile.
- A1, 2 and 3 are correct
- B1 and 2 only are correct
- C2 and 3 only are correct
- D1 only is correct