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Option 1 : Only conclusion (I) follows.
Consider the following least possible Venn diagrams:
[ alt="cow" src="//storage.googleapis.com/tb-img/production/18/10/cow.PNG" style="height:49px; width:188px">
Conclusions :
I. Some cow are not goat → True
II. All goat are cow → False (It is possible but not definite).
Hence, Only conclusion (I) follows.
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