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:

Some jails are ATMs.

Some ATMs are banks.

All banks are colleges.

Conclusions:

I. Some colleges are ATMs

II. Some banks are jails.

III. No bank is a jail.

IV. Some ATMs are jails.

1
Only conclusions II and IV follow
2
Both conclusions I and IV and either conclusion II or III follow
3
Only conclusions II and III follow
4
Only conclusions I and II follow

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