premise: A man with sunglasses, a red hat and peach coveralls stands next to a large rope wound around a large spool. hypothesis: A man in sunglasses, peach coveralls and a red hat is right by the rope and spool he just bought at a hardware store.
neutral: Just because a man is stands next to a large rope would around a large spool doesn't mean he just bought it at a hardware store. He may be borrowing it from a neighbor.