And Lance's statement is NOT a real conditional; it's just an expression.
In fact, common sense tells us that experience DOES teach us many other things besides Lance's dubious platitude.
It would be a crazy world in which the trigger "experience teaches us nothing else" got satisfied. (for example, you wouldn't understand the meaning of this sentence).

When people say, "If you watch nothing else this year, watch 'Breaking Bad'.", they aren't actually giving you a conditional statement. They're just imploring you to watch 'Breaking Bad'. They're emphasizing that it's SUCH required viewing that it would be the #1 priority if you were to watch nothing else (so it must be the #1 priority even if you DO watch something else).
Similarly, Lance's 'conditional' could be rephrased as "the MINIMUM we learn from experience is that every general rule has at least one exception."
Anyway, if you're focused on Lance, you're focused on the wrong thing for this question. We want to characterize what Frank did.
He looked at the rule discussed "every general rule has at least one exception" and cleverly noticed that THIS rule itself is a general rule, therefore it would have to have an exception.
That forces us into a contradiction:
"Every general rule has an exception"
and yet, the exception to THAT general rule would be
"a general rule without an exception"
This is what (B) is saying. The word 'conclusion' here is dumb, because it could just as easily have been 'claim' or 'rule' or 'statement'. But the gist of the answer choice makes sense. Lance's rule ends up contradicting itself.
=== other answers ===
(A) This is one way to describe a Circular Argument. Another way is to say "the conclusion is merely a restatement of the premise". Frank would have needed to say something like "You haven't offered any evidence to convince me of that conclusion. You merely restated the conclusion in different words."
(C) Frank definitely didn't prove that exceptions are impossible for general rules. He's merely pointing out a clever logical implication of the rule Lance says that actually undermines the rule itself.
(D) Frank doesn't even discuss experience. And establishing the opposite of Lance's conclusion is the same as what (C) is saying.
(E) Frank doesn't discuss any real cases.
#officialexplanation