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  • If the bank receipt is forged, then Mr. M is liable.
  • If Mr. M is liable, he will go bankrupt.
  • If the bank will loan him money, he will not go bankrupt.
  • The bank will loan him money.

Which of the following can be concluded from the above statements?

  1. Mr. M is liable
  2. The receipt is not forged
  3. Mr. M will go bankrupt
  4. The bank will go bankrupt
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