Question

Statements: Some shares are debentures.
No debenture is an equity.
Some equities are capital.
Conclusions: I. All debentures being equities is a possibility.
II. All shares being equities is a possibility.

• A. if only conclusion I follows.
• B. if only conclusion II follows.
• C. if either conclusion I or II follows.
• D. if neither conclusion I nor II follows.
• E. if both conclusions I and II follow.

Answer 1

Answer: (D)

if neither conclusion I nor II follows.

D - Debentures, S - Shares, E - Equity, C - Capital

There are five cases possible.

All D can be E always, it is not a possibility.

Some S can be E, but not all.

Thus neither conclusion I nor II is correct.

Hence, Option D is correct.