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Statement: "Avon Cycles - Fast, easy to ride, impressive, reliable, crafted and up-to-date automation." - An advertisement.
Assumptions:
There is no other cycle with any of these features.
People do not bother about the cost.

Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Neither I nor II is implicit
Explanation:

Answer: Option D
Explanation:
The advertisement is for Avon cycles and nothing about the cost or the features of other brands of cycles, is mentioned. So, neither I nor II is implicit.
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