The lecture discusses the categorical syllogism and its principles, particularly the dictum de omni et nullo, which asserts that universal affirmations or denials apply to all logical parts of a subject. It explores logical fallacies like the fallacy of division and composition, exemplified by the diamond-water paradox and Mill's proof of utility. The lecture also touches on the nature of immediate inference and critiques of syllogistic reasoning, including Mill's arguments against conceptual necessities.