Correct option is C
I. All ladders are chairs.
II. All chairs are tables.
III. No table is a stair.

Conclusions:
II. No chair is a stair.(Follows, Since chairs are inside the table set, and no table is a stair, it means no chair can be a stair.)
III. Some ladders are stairs.(Not follows, Since all ladders are inside the table set, and no table is a stair, it is impossible for any ladder to be a stair.)