In the context of Neutrality, which of the following statements is/are correct ? 1. Neutrality is…

Neutrality is the status of a State that stays out of a war between other States. States adopt it mainly to keep themselves out of the conflict and so protect their own security, and it is typically declared when a war breaks out, as many States did at the start of the two World Wars.

Both statements describe the institution correctly, so neither can be picked alone.