Correct option is C
Statements:
I. All ladders are chairs.
II. All chairs are tables.
III. No table is a stair.
I. All ladders are chairs.
II. All chairs are tables.
III. No table is a stair.
From the given statements Venn diagram will be:

Conclusions:
I. Some tables are ladders. (Follows, Since all ladders are chairs, and all chairs are tables, it is clear that some tables are ladders.)
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.)
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.)
Both conclusions I and II follow.
Thus, the correct option is (c).