Case: Read the passage and answer the following questions

A colloid is a heterogeneous system in which one substance is dispersed (dispersed phase) as very fine particles in another substance called a dispersion medium. The essential difference between a solution and a colloid is that of particle size. Colloids are classified based on the following criteria: (i) Physical state of the dispersed phase and dispersion medium (ii) Nature of interaction between the dispersed phase and dispersion medium (iii) Type of particles of the dispersed phase.