Question

Statements:  Some designations are descriptions Some descriptions are securities No security is a position Conclusion:
I. Only descriptions is designations
II. No designation is a description

In each of the questions below are given some statements followed by some Conclusions. You have to take the given statements to be true even, if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. 
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.
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