Concept:The magnitude of the cross product ∣a×b∣ gives the area of the parallelogram formed by vectors a and b, not the area of a triangle.If the cross product of two non-zero vectors is zero, the vectors are parallel (collinear), so one is a scalar multiple of the other.Explanation:For statement 1: The area of a parallelogram with sides a and b is ∣a×b∣. A triangle with the same two sides has half that area, i.e., 21∣a×b∣. Therefore, the statement "the magnitude of a×b is same as the area of a triangle" is false.For statement 2: Given a=0, b=0, and a×b=0. This implies that a and b are parallel (or antiparallel). Hence there exists a scalar λ such that a=λb. So statement 2 is true.Thus only statement 2 is correct.Answer:B. 2 only