The correct answer is: Only assumption II is implicit.
The statement says that the product X is not with the seller but can be made available against a firm order. This means that the product is not in stock at the moment but can be ordered from the manufacturer. This does not necessarily mean that the product is not in great demand. It is possible that the product is in great demand but the seller does not have a large enough inventory to meet the demand. It is also possible that the product is out of stock because a new model is coming up. However, the statement does not provide enough information to determine whether assumption I or assumption II is correct. Therefore, the only assumption that is implicit is assumption II.
Here is a brief explanation of each option:
- Option A: Only assumption I is implicit. This option is incorrect because assumption I is not necessarily true. The product may be in great demand but the seller may not have a large enough inventory to meet the demand.
- Option B: Only assumption II is implicit. This option is correct because assumption II is implicit in the statement. The statement says that the product is not in stock but can be made available against a firm order. This means that the product is out of stock because it is not in production or because it is not being sold by the seller.
- Option C: Either I or II is implicit. This option is incorrect because assumption I is not necessarily true. The product may be in great demand but the seller may not have a large enough inventory to meet the demand.
- Option D: Neither I nor II is implicit. This option is incorrect because assumption II is implicit in the statement. The statement says that the product is not in stock but can be made available against a firm order. This means that the product is out of stock because it is not in production or because it is not being sold by the seller.
- Option E: Both I and II are implicit. This option is incorrect because assumption I is not necessarily true. The product may be in great demand but the seller may not have a large enough inventory to meet the demand.