An algebra M = (M ; ,∨,∧,→, 0, 1) of type 〈2, 2, 2, 2, 0, 0〉 is called a bounded commutative R`-monoid iff (i) (M ; , 1) is a commutative monoid, (ii) (M ;∨,∧, 0, 1) is a bounded lattice, and (iii) x y ≤ z ⇐⇒ x ≤ y → z, (iv) x (x → y) = x ∧ y, for each x, y, z ∈ M . In the sequel, by an R`-monoid we will mean a bounded commutative R`-monoid. (Note that bounded commutative R`-monoids are just bo...