C2H5OH( l) + 3O2( g) → 2CO2( g) + 3H2O( l); Δ H = –1.37 × 103 kJ Consider the following propositions: I. The reaction is endothermic II. The reaction is exothermic. III. The enthalpy term would be different if the water formed was gaseous. Which of these propositions is (are) true?