Identify incorrect statements among the following
I. Benzene diazonium chloride with hypophosphorous acid solution gives benzeneamine and phosphorous acid
II. Benzene diazonium chloride with phenol at PH> 7 gives yellow coloured dye
III. Benzene diazonium chloride with cuprous chloride and HCl gives chlorobenzene is called as Gattermann reaction
IV. Benzenediazonium chloride on hydrolysis with water at 100C gives phenol