Answer: Option (4) is the correct answer.
Explanation:
According to Bronsted and Lowry, acids are the species which can donate hydrogen or [tex]H^{+}[/tex] ions.
Whereas bases are the species which can accept hydrogen or [tex]H^{+}[/tex] ions.
Thus, we can conclude that the statement acids are [tex]H^{+}[/tex] donors, and bases are [tex]H^{+}[/tex] acceptors describes an alternate theory of acids and bases.