Explanation:

- Statement Analysis: Less than forty percent voter turnout indicates low public participation in the voting process.

- Course of Action I: Canceling the election process because of low turnout could disenfranchise those who did vote and is not typically a justified or democratic response.

- Course of Action II: Taking away voting rights from non-voters is punitive and ignores personal choice and circumstances affecting voter turnout.

- Option 1: Only I follows - Cancelling the election is not a proportional or effective solution.

- Option 2: Only II follows - Removing voting rights is undemocratic and extreme.

- Option 3: Either I or II follows - Both actions are drastic and unjustified.

- Option 4: Neither I nor II follows - Neither course of action constructively addresses low voter turnout.

The correct option is:

- Option 4: Neither I nor II follows