Solution:Corrosion - The surface of iron metal is corroded when they are exposed to moist air for a long period of time. It can be prevented by Painting, Oiling, Greasing, Galvanising, and Chrome plating.
Rancidity refers to the spoilage of fats, oils, or other organic compounds due to oxidation, hydrolysis, or other chemical reactions that result in unpleasant odors.