Statement:The chairman of the company decided to hold a grand function to celebrate silver jubilee during the next weekend and invited a large number of guests. Assumptions I. The company officials may be able to make all the necessary preparations for the silver jubilee celebration. II. Majority of the guests invited by the chairman may attend the function.

Argument - an argument is a series of statements used to present reasons for accepting a conclusion.  Example Statement: The ground was slippery -  it must have been raining. This statement consists of three parts discussed below. Premise or preposition: The ground was slippery. Premise is the basis or supporting statement on which we make further statements/ conclusions. There can be more than one premises in an argument. Assumption: The ground become slippery only when it rains. Assumption is a Hidden premise -  a missing link in the chain of argument. Conclusion: it must have been raining.... Show more

Argument - an argument is a series of statements used to present reasons for accepting a conclusion.  Example Statement: The ground was slippery -  it must have been raining. This statement consists of three parts discussed below. Premise or preposition: The ground was slippery. Premise is the basis or supporting statement on which we make further statements/ conclusions. There can be more than one premises in an argument. Assumption: The ground become slippery only when it rains. Assumption is a Hidden premise -  a missing link in the chain of argument. Conclusion: it must have been raining. Understanding Assumption (concept): Assumption provides an hidden basis/support to the whole structure of an argument.(imagine like base of a building). If we remove this basis/support whole argument would baseless/illogical.

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