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Goodwill Valuation (Retirement)

Statement: Re...

Question

Statement: Retired person should not be appointed for executive posts in other organisations.
Assumptions:
I. Retired persons may lack the zeal and commitment to carry out executive's work.
II. Retired persons do not take interest in the work and welfare of the new organisation.

A

Only assumption I is implicit

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B

Only assumption II is implicit

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C

Either I or II is implicit

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D

Neither I nor II is implicit

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E

Both I and II are implicit

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Solution

The correct option is D Neither I nor II is implicit
Since both I and II do not follow from the statement, so neither of them is implicit.

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