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Discussion :: Statement and Assumption

  1. Statement: His recent investment in the shares of Company A is only a gamble.

    Assumptions:

    1. He may incur loss on his investment.
    2. He may gain from his investment.

  2. A.
    Only assumption I is implicit
    B.
    Only assumption 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 :

    The use of the world 'gamble' indicates that he may either gain or lose in the deal.


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