 Related to the above problems facing a Fregean view is the problem of intuitive entailment-successes. Suppose that Bill utters the sentence ‘I am happy’ and Lois believes him. Then, intuitively, there is something such that Bill said it and Lois believes it. But it is hard to see how the Fregean can account for such apparent entailment-successes, precisely because of the way in which the account explains intuitive entailment-failures like (1) and (4).