Statement: "Bring alive your education dreams. Avail loan today and pay as your start earning."- An advertisement of a bank XYZ Assumptions: I. Most of the students who need loan, prefer flexible repayment options besides no processing fees or service charges. II. Students who need loans prefer loans without collateral security.

• if only assumption I is implicit.
• if only assumption II is implicit.
• if either I or II is implicit.
• if neither I nor II is implicit.