The conclusion that follows from the premises 'All voters are citizens' and 'All citizens are loyalists' is:

Correct option is B

From the given statement - 

Premises:

All voters are citizens (Voters → Citizens).

All citizens are loyalists (Citizens → Loyalists).

OptionA. All loyalists are citizens.

Incorrect. Not all loyalists are necessarily citizens based on the premises.

Option B. All voters are loyalists.

Correct. This follows directly from the combined premises.

Option C. All citizens are voters.

Incorrect. The premises do not suggest this; some citizens might not be voters.

Option D. All loyalists are voters.

Incorrect. The premises do not suggest this; some loyalists might not be voters.

Final Answer: (B) All voters are loyalists.