Statements:
Every friendship is loyal.
Only a few loyal are honest.
None of the honest are intelligent.
92% intelligent are smart.
Conclusions:
I. All loyal being honest is a possibility.
II. A few smart being loyal is a possibility.
III. Some intelligent are friendship.
Only a few loyal are honest → Some loyal are honest (I) and Some loyal are not honest (O). Hence conclusion I does not follow. Only a few loyal are honest (I) + None of the honest are intelligent (E) → Some loyal are not intelligent (O) + 92% intelligent are smart (I) → Probable conclusion → Some smart may be loyal (I). Hence conclusion II follows. Every friendship is loyal (A) + Only a few loyal are honest (I) → No conclusion. Hence conclusion III does not follow.
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