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Discussion :: Statement and Assumption

  1. Statement: Ram's investment in the shares of a company is only a gamble.

    Assumptions:

    I. Ram may incur the loss on his investment.
    II. Ram may gain from his investment.

  2. A.
    Only I is implicit
    B.
    Only II is implicit
    C.
    Either I or II is implicit
    D.
    Neither I nor II is implicit
    E.
    Both I and II are implicit

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    Answer : Option C

    Explanation :

    Ram may either gain or lose in the deal. Both can't happen together, so either I or II is implicit.


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