Discussion Forum

In the question, two statements are given followed by three or four conclusions numbered. 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.

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

Answer:

Explanation:

 Since both premises are universal and one premise is negative, the conclusion must be universal negative and should not contain the middle term. So, it follows that 'No share is equity. Thus, III follows. I is the converse of this conclusion and so' it also holds. II is the converse of the first premise and so it also holds.