New Enroll in our GIC Finance Online Course Here!

    Register

    Question

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

    Statements: No contract is a bond.

    >Some bonds are agreements. All agreements are collaborations. Some collaborations are obligations. Conclusions: I. Some bonds are not collaborations. II. Some agreements are not contracts. III. Some obligations are agreements. IV. Some bonds are not contracts.
    A None follows Correct Answer Incorrect Answer
    B II and IV follow Correct Answer Incorrect Answer
    C II, III and IV follow Correct Answer Incorrect Answer
    D I, III and IV follow Correct Answer Incorrect Answer
    E All follow Correct Answer Incorrect Answer

    Solution

    Some bonds are agreements (I) + All agreements are collaborations (A) = Some bonds are collaborations (I), hence conclusion I doesn’t follows. No contract is a bond (E) + Some bonds are agreements (I) = Some agreements are not contracts, hence conclusion II will follow. All agreements are collaborations (A) + Some collaborations are obligations (I) = No conclusion, hence conclusion III doesn’t follows.  No contract is a bond. (E) ⟹  Some bonds are not contracts. (O) Hence conclusion IV will follow. 

    Practice Next

    Relevant for Exams: