Statement: His recent investment in the shares of Company A is only a gamble Assumptions: I. He may incur a loss on his investment II. He may gain from his investment Options: A . &nbspif only assumption I is implicit. B . &nbspif only assumption II is implicit. C . &nbspif either I or II is implicit. D . &nbspif neither I nor II is implicit. E . &nbspif both I and II are implicit.

Statement: His recent investment in the shares of Company A is only a gambleAssu

Discussion Forum : Statement & Assumptions

Question - Statement:
His recent investment in the shares of Company A is only a gamble
Assumptions:
I. He may incur a loss on his investment
II. He may gain from his investment

Options:

A . if only assumption I is implicit.

B . if only assumption II is implicit.

C . if either I or II is implicit.

D . if neither I nor II is implicit.

E . if both I and II are implicit.

Answer: Option C
Answer: (c)The use of the world ‘gamble’ indicates that he may either gain or lose in the deal

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