Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements.

Statements:

Some butters are honeys.

Some honeys are breads.

All breads are jams.

Conclusions:

I. Some jams are honeys.

II. All honeys are butters.

III. Some jams are butters.

Only conclusion I follows