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.Solution
The correct answer is D
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