DIRECTIONS: In the question below are given few statements followed by few conclusion. You have to take the given statements to be true even if they seem to be at variance with the commonly known facts and then decide which of the given conclusions logically follows from the given statements, disregarding commonly known facts.

Statements:

All pencils are houses.

All houses are eraser.

Conclusions:

I. All pencils are eraser.

II. Some erasers are pencils.

III. All erasers are pencils.