How to set hotkeys for a Windows Forms form

Question

I would like to set hotkeys in my Windows Forms form. For example, Ctrl + N for a new form and Ctrl + S for save. How would I do

Answer 1

I'd like a KeyDown event for the Form and some code like this:

private void Form1_KeyDown(object sender, KeyEventArgs e)
{
    if (e.KeyData == (Keys.Control | Keys.N))
    {
        CreateNew();
    }
}