Which of the following statements is correct?

(I) Predation influences organisms at the level of individual. The prey organisms has an abrupt decline in fitness and the level of community, reduces the number of individual in the prey population.
(II) Predation influences the fitness of the predators only. They exhibit traits such as sharp teeth, claws and venom which enhance their ability to catch food.

(III) Some species of insects and frogs are cryptically coloured to avoid being detected easily by the predator and some are poisonous, which is avoided by predator.

(IV) The monarch butterfly is highly distasteful to its predator because of a special chemical present in its body, which acquires this chemical during the caterpillar stage by feeding on a poisonous weed.

(V) Mutualism, Pedatory and parasitic interaction among organisms within communities regulate population sizes by preventing any one population from becoming overly abundant.

Choose the correct answer from the options given below.