Choose the true statement about propositions: Propositions:

(I) All objections with respect to the place of suing must be taken in the Court of first instance at the earliest possible opportunity and in all cases where issues are settled at or before such settlement 

(II) Objections with respect to the place of suing cannot be allowed after settlement of issues 

(III) Objection as to the competence of a Court with reference to the pecuniary limits of its jurisdiction may be allowed even after the settlement of issues if there has been a consequent failure of justice

Assertations: