Three statements are followed by four conclusions numbered I, II, III and IV. You have to consider these statements to be true, even if they seem at variance from commonly known facts. Decide which of the given conclusions logically follow/s from the given statements.
Statements:
1. All couriers are shipments.
2. All shipments are transports.
3. No haul is transport.
Conclusions:
I. No transport is shipment.
II. All couriers are transports.
III. Some transports are shipments.
IV. No courier is haul.
