Statement $I:$ If three forces $\vec{F}_{1}, \vec{F}_{2}$ and $\vec{F}_{3}$ are represented by three sides of a triangle and $\overrightarrow{{F}}_{1}+\overrightarrow{{F}}_{2}=-\overrightarrow{{F}}_{3}$, then these three forces are concurrent forces and satisfy the condition for equilibrium.
Statement $II:$ A triangle made up of three forces $\overrightarrow{{F}}_{1}, \overrightarrow{{F}}_{2}$ and $\overrightarrow{{F}}_{3}$ as its sides taken in the same order, satisfy the condition for translatory equilibrium.
In the light of the above statements, choose the most appropriate answer from the options given below: