Question

Statements:       All shares are debentures. No debenture is an equity. Conclusions:                                      
I. No equity is a share.
II. Some debentures are shares.         
III. No share is an equity.

In each of the following questions, two statements are given followed by three or four conclusions numbers I, II, III and
IV.  You have to take the given statements to be true even if they seem to be at variance from the commonly known facts and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.
A Only I follow
B Only II follows
C Only III follows
D All follow
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