Argument 1:
Let, K: Kerry errs; M: Myrna fails to show; B: Kerry does break record.
Forming Argument:
$K\vee M$
$K\rightarrow \neg B$
M
$\therefore K$
Assuming conclusion is False and trying to make all premises True. If we become succeed then argument is not valid otherwise argument is valid.
K=False (Assuming conclusion is False)
M=True (made third premise True)
$K \rightarrow \neg B \equiv False\rightarrow \neg B \equiv True$ (2nd Premise is True)
$K \vee M \equiv False\vee True \equiv True$ (1st Premise is True)
Hence, Argument 1 is not valid.
Argument 2:
Let, L: Tasha leaves; C: Carol moves in; S: Sam is happy; J: Josh laughs
Forming Argument:
$L\rightarrow C$
$C\rightarrow \neg S$
$\neg S\rightarrow J$
$S$
$\therefore \neg L$
Assuming conclusion is False and trying to make all premises True. If we become succeed then argument is not valid otherwise argument is valid.
With L=True, Conclusion becomes false.
S=True (made 4th premise True)
$\neg S\rightarrow J \equiv \neg True\rightarrow J \equiv False\rightarrow J\equiv True$ (3rd premise is True)
$C\rightarrow \neg S \equiv C\rightarrow \neg True \equiv C\rightarrow False$
To make 2nd premise True, take C=False. $False\rightarrow False\equiv True$ (2nd premise True)
$L\rightarrow C \equiv True \rightarrow False \equiv False$ (unable to make 1st premise True)
Hence, Argument 2 is Valid.
Answer: Option B: Only Argument 2 is valid.