Does Magic Guard negate the stat drops in burn/paralysis?

Question

Like if Alakazam was paralyzed will it still get that chance of hax and does it have the speed drop? Same with burn will it still drop attack?

Answer 1

Gen VI:

Additional effects such as trapping from moves like Fire Spin and Attack reduction from a burn are not prevented. If paralyzed, a Pokémon with Magic Guard will suffer from the normal Speed reduction but cannot be fully paralyzed.

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Gen V:

>Magic Guard no longer grants immunity to being fully paralyzed

So in the Gen V battle mechanics, Alakazam (or any other Pokemon with this ability) will get parahaxed/ immobilised like any other Pokemon.

Magic Guard