Step 1: Analyze given statements.
From I: Actors $\subset$ Musicians.
From II: Musicians $\cap$ Singers = $\varnothing$.
Thus, Actors $\cap$ Singers = $\varnothing$ — this directly supports Conclusion III (“No Actor is a Singer”) and contradicts Conclusion I (“Some Actors are Singers”).
Step 2: Check Conclusion II.
From IV: Some Dancers are Musicians. From I: Actors $\subset$ Musicians.
But there’s no given link between those “some dancers” and actors specifically. So we cannot conclude “Some Dancers are Actors.” Conclusion II does not follow.
Step 3: Determine the either–or condition.
Conclusions I and III are exact contradictories: “Some actors are singers” vs “No actor is a singer.” In syllogism, when one is true, the other is false, and they form an either–or} pair.
\[
\boxed{\text{Either (I) or (III) follows — matches Option C structure}}
\]