Three Statements are given followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements.
Statements:
Some if's are but's.
All but's are so's.
No so is a then.
Conclusions:
I. All if's being then is a possibility.
II. All then's being if is a possibility.