Which among the following will be the major product of the given reaction?

Given below are two statements :

Statement I : The esterification of carboxylic acid with an alcohol is a nucleophilic acyl substitution.

Statement II : Electron withdrawing groups in the carboxylic acid will increase the rate of esterification reaction.

Choose the most appropriate option :

Isobutyraldehyde on reaction with formaldehyde and K₂CO₃ gives compound 'A'. Compound 'A' reacts with KCN and yields compound 'B', which on hydrolysis gives a stable compound 'C'. The compound 'C' is

The correct structure of product 'A' formed in the following reaction.

is