The correct option is D Both A and C
Internal fertilization occurs inside the body whereas external fertilization happens outside the body.
External fertilization requires the presence of water for the sperm to be able to unite with the egg. Large number of offspring are produced but the chances of survival is very less.
With internal fertilization, the presence of water is not needed. Fewer young ones are produced because the mother's body will protect any fertilized eggs from being devoured by predators, so chances of survival is high.
Thus, the correct answer is option (D), 'Both A and C.'