If there is a deadlock, then it is guaranteed that mutual exclusion, hold-and-wait, No-premption & circular wait all must be there.
If any of these 4 is missing then we can say that there is no deadlock kn the system.
So, conclusion is if either mutual exclusion or hold-and-wait or No-premption or Circular wait is missing, there is no deadlock in the system.
So, above statement is correct.