Consider the following standard oxidation potentials (at 25∘C)
E∘Ag|Ag+:−0.799 V; E∘Hg|Hg2+:−0.789 V; E∘Mg|Mg2+:+2.37 V;
E∘Mn|Mn2+:+1.18 V; E∘Sn|Sn2+:0.136 V.
Which of the following statement(s) is/are incorrect under standard conditions?
Displacement reaction takes place only when the metal displacing has higher Eo value