Statements: All shares are debentures. No debenture is an equity.



The question contains some statements followed by some conclusions. Decide which of the given conclusions logically follow 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.

A . Only conclusion I follows.

B . Only conclusion II follows.

C . Neither I nor II follows

D . Both I and II follow.

Answer : D . Both I and II follow.


Explanation :

There is no relationship between share and equity

All shares are debentures

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