In each question below, there are two statements followed by two conclusions numbered I and II. You have to take the two given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the three given statements disregarding commonly known facts. Choose options A, B, C, D or E accordingly.
Statements:-
I. Some huts are mansions.
II. No mansion is a palace.
Conclusions:-
I. All palaces being huts is a possibility.
II. All huts are palaces.