Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements.

Statements:

All rings are bangles.

Some bangles are anklets.

No anklet is a pendant.

Conclusions:

(I) All rings being anklets is a possibility.

(II) All bangles can never be pendants.