Statements:
Some Necklaces are Rings.
All Rings are Bracelet.
Only a few Rings are Ornaments.
Conclusion:
I. All Bracelet are not Ornaments.
II. All Ornaments are Bracelet is a possibility.
III. Some Necklaces are not Ornaments.
All Rings are Bracelet (A) → Conversion → Some Bracelet are Rings (I) + Only a few Rings are Ornaments (I) → No conclusion. Hence conclusion I does not follow. All Rings are Bracelet (A) → Conversion → Some Bracelet are Rings (I) + Only a few Ring are Ornaments (I) → Probable conclusion → All Ornaments may be Bracelet (A). Hence conclusion II follows. Some Necklaces are Rings (I) + Only a few Rings are Ornaments (I) → No conclusion. Hence conclusion III does not follow.
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