The question contains a statement followed by three Assumptions I, IIand III. Find out which assumption(s) is implicit.
Statement:
The telephone company informed the subscribers through a notification that those who do
not pay their bills by the due date will be charged penalty for every defaulting day.
Assumptions:
I. Majority of the people may pay their bills by the due date to avoid penalty.
II. The money collected as penalty may set off the losses due to delayed payment
III. People generally pay heed to such notices.