Why is statement 2 incorrect?
Answer credited to @Asafmen
It is not an equilibrium reaction.
Le Chatlier is applied to reactions that reach equilibrium. This one doesn’t.
As designated there is only a forward reaction which makes us assume that even if the reverse reaction exists, it is negligible.
The 4 factors that affect rate of reaction in general are surface area, temperature, concentration/pressure and a presence of a catalyst.
It is not stated that it is exothermic, such assumptions are not relevant for the question or the answer.