Statements:
Only Market are Share.
Some Markets are Stocks.
Only a few Fund is Stock.
Conclusions:
I. At least Some Funds are Shares.
II. At least Some Stocks can be Shares.
III. Some Funds are not Stocks.
Only Market are Share → All Shares are Markets and Shares cannot have any positive relation with anyone. Hence neither conclusion I nor II follow. Only a few Fund is Stock → Some Funds are not Stocks (O) and Some Funds are Stocks (I). Hence conclusion III follows.
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