Two statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements.Statements:All wallets are bags.Some bags are envelopes.Conclusions:I. Some wallets are envelopes.II. No wallet is an envelope.III. No bag is an envelope.

• A. Both Conclusions I and II follow
• B. Both Conclusion II and III follow
• C. Either Conclusion I or II follows
• D. Both Conclusion I and III follow