What does this rebus mean?

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TIME

What time is it when an elephant sits on a fence?

The captain of a ship was telling this interesting story: "We travelled the sea far and wide. At one time, two of my sailors were standing on opposite sides of the ship. One was looking west and the other one east. And at the same time, they could see each other clearly." How can that be possible?

Consider this: Arnold Schwarzenegger has a big one. Michael J. Fox has a small one. Prince doesn’t have one. The Pope has one but never uses it. Bill Clinton has one and uses it all the time. What is it?

What numbers should go on the bottom line?
3 6 9 15
8 2 10 12
11 8 19 27
19 10 29 39
? ? ? ?

You can find some missing letters in the picture. By placing two particular letters in the spaces, you can form a nine lettered word beginning from one of the corners and going clockwise direction to the middle. Can you find out the letters and the word?

You are a cab driver who pools passengers. You pick 3 people from a destination and drop 1 after an hour. 2 people climb aboard at the same time and you drop 3 at the next destination. After some time, you pick 2 passengers only to drop 1 after a short distance where 3 more passengers climb up the cab. You leave the rest of the passengers one by one to their destination and then come back home.

Can you tell the eye color of the cab driver?

You have a roll of cloth 1km long. You have a machine which cuts this roll into pieces of 10-meter-long cloth.

How long would it take for the machine to cut the roll if each cut took 4 secs?

There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?

A horse was tied to a rope 5 meters long and the horses food was 15 meters away from the horse. How did the horse reach the food?