Direction: Each of these questions has a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. Consider the statement and the following assumptions.
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Statement
The KLM company has decided go for tax-free and taxable bonds to raise its resources.
Assumptions
I. The KLM company has already explored other sources to raise money.
II. The product of KLM company have little competition in the market.
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- if Assumption I is implicit
- if Assumption II is implicit
- iIf either Assumption I or II is implit
- if neither Assumption I nor II is implicit
Correct Option: A
Only Assumption I follows.
