Matrix $X$ has $r$ rows and $c$ columns, and matrix $Y$ has $c$ rows and $d$ columns, where $r, c,$ and $d$ are different. Which of the following statements must be false?
I. The product $Y X$ exists
II. The product of $X Y$ exists and has $r$ rows and $d$ columns.
III. The product $X Y$ exists and has $c$ rows and $c$ columns.
(A) I only
(B) II only
(C) III only
(D) I and II
(E) I and III