(I)
Solids have shear modulus. They can sustain shearing stress. This allows transverse waves to propagate through solids. Since fluids do not have any definite shape, they yield to shearing stress. The propagation of a transverse wave is such that it produces shearing stress in a medium. The propagation of such a wave is possible only in solids, and not in gases.
Both solids and fluids have their respective bulk moduli. They can sustain compressive stress. Hence, longitudinal waves can propagate through solids and fluids.