Assertion : Rate of ethanolysis of 1o halide by SN1 mechanism is fast.
Reason : Carbocation is stabilised by resonance.
The ethanolysis of primary alkyl halide generally proceeds
via SN2 mechanism. In case it proceeds via SN1 mechanism, the intermediate
carbocation is unstable, since it has no adjacent carbon atom for resonance.
Hence, both assertion and reason are incorrect.