Consider the following statements $A$ and $B$. Identify the correct choice in the given answers.
$A$. In an inelastic collision,there is no loss in kinetic energy during collision.
$B$. During a collision,the linear momentum of the entire system of particles is conserved if there is no external force acting on the system.

• A
  Both $A$ and $B$ are wrong.
• B
  Both $A$ and $B$ are correct.
• C
  $A$ is wrong and $B$ is correct.
• D
  $A$ is correct and $B$ is wrong.