Statement: The next meeting of the Board of Directors of the company will be…

2025

Statement:
The next meeting of the Board of Directors of the company will be held after one year.

Assumptions:
I. The company will remain in function after one year.
II. The Board of Directors will be dissolved after one year.

Which of the assumptions is implicit in the statement?

Answer: A. Only assumption I is implicitAnswer: Only assumption I is implicit. Explanation: For a board meeting to be scheduled and held after one year, the company and its board must still be…

  1. A.

    Only assumption I is implicit

  2. B.

    Only assumption II is implicit

  3. C.

    Either I or II is implicit

  4. D.

    Both I and II are implicit

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Show answer & explanation

Correct answer: A

Answer: Only assumption I is implicit.

Explanation: For a board meeting to be scheduled and held after one year, the company and its board must still be functioning at that time. That necessity makes assumption I implicit.

  • Assumption I: The company will remain in function after one year — implied, because without the company functioning there could be no board meeting.

  • Assumption II: The board will be dissolved after one year — not implied. This would contradict the statement, since a dissolved board could not hold the meeting.

Therefore, only assumption I is implicit.

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