The correct sequence of steps involved in the mechanism of Cannizzaro's reaction is:

Question

Transfer of $H^-$, transfer of $H^+$, and nucleophilic attack.

Nucleophilic attack, transfer of $H^-$, and transfer of $H^+$.

Electrophilic attack by $OH^-$, transfer of $H^+$, and transfer of $H^-$.

Transfer of $H^+$, nucleophilic attack, and transfer of $H^-$.

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