The volume of an Oblique Pyramid can be calculated as:
![V=(1)/(3)Bh](https://img.qammunity.org/2019/formulas/mathematics/college/3jiim3kajkl534p2wzlfghfoyh9dq841d7.png)
Where,
B = Base Area = 12 cm²
h = Height of the pyramid = Edge Length = 4 cm
Using the values in the given formula we get:
![image](https://img.qammunity.org/2019/formulas/mathematics/college/c9illh689n61iweu1sv50hrp0p4cechmhb.png)
Therefore, the volume of the oblique pyramid is 16cm³. Hence second option gives the correct answer.