I can see this thread attracting desparate students for years.
It isn't a real item, so the parts don't necessarily have proper 'functions', although some could be redundant or unable to work the way they should.
There's no absolute right or wrong. It's a test of whether or not you can visualise a drawing in three dimensions, and make reasoned judgements on poor points of the design. Can you imagine how it would actually be put together well enough to identify where assembley would be difficult or impossible? Can you see how it would operate well enough to see problems? Have you the knowledge to identify refatures that would be difficult to cast or machine?
It's an extraordinarly useful exercise to do properly, and if anyone doesn't enjoy the challenge sitting down with it for an hour or two and puzzling it out, maybe they aren't cut out for engineering?
Neil