Analyze the following statements regarding Newton’s First Law and the concept of Inertia.
I. Inertia is an inherent property of a body that resists any change in its state of rest or uniform motion.
II. The mass of an object is a quantitative measure of its inertia.
III. Newton’s First Law is valid in all frames of reference, including accelerating frames.
IV. A body can maintain a constant velocity only if a net external non-zero force acts on it.
V. If the net external force on a body is zero, its acceleration must be zero.