Leonid,
The claim “There is no A” is not essentially arbitrary:
“There is no money in my pocket.”
“There is no transport of bodies with non-zero rest mass faster than the velocity of light in vacuum.”
More about the bald King of France:
There is a controversy of logic standing in the relevant external background for Rand, other Objectivists, and thinkers about Objectivism concerning arbitrary assertion and assessability for truth. There is a tradition from Boethius, Abelard, and Buridan that any universal affirmative or particular affirmative statement in which the subject does not truly exist is false; and no such blanket verdict is given for universal negative and particular negative statements. Within this theory, we can argue (an argument of my own construction):
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Affirmative statements concerning nonexistent subjects are false.
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Assertions of the existence of a subject for which there is no evidence is presumptively false; the existence of such a subject is presumptively false. (Onus of Proof)
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Arbitrary assertions are assertions for which there is no evidence (no validation, so no evidence).
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Affirmative statements concerning arbitrarily asserted subjects are presumptively false.
It would surely be correct to drop the word presumptively from 2 and from the conclusion when the arbitrary assertion is one that cannot be invalidated in principle. From the Buridan et al. view of truth concerning nonexistent subjects we get presumptive falsity and unqualified falsity for affirmative statements concerning arbitrarily posed subjects. Whether negative statements concerning arbitrarily posed subjects would be meaningless rather than assessable for truth is unsettled on this view, but they are not automatically false.
There is another tradition (P.F. Strawson and H.L.A. Hart) that instead takes existence of the subject to be presupposed in any universal or particular affirmative or negative statement. Under this approach, we get that arbitrary assertions are presumptively (or unqualifiedly) neither true nor false. They are presumptively (or unqualifiedly) meaningless.*
There is a third tradition, the one predominate today, in which any particular affirmative or particular negative statement in which the subject does not truly exist is false; and no such blanket verdict is given for universal affirmative and universal negative statements. **
Determining which of these three approaches fits best with Rand’s epistemology is work remaining to be accomplished. I would examine the first and third as they look when their not-definitely-false pairs on the square of opposition are taken as meaningless.
* Strawson would object to my use of the word meaningless here, which he would reserve for a use more narrow. He would call such statements spurious or failures to refer. All the same, he would agree that his approach casts all such statements, and singular statements such as “The King of Texas has a Cadillac,” as not assessable for truth.
** On these three traditions and a fourth, see Laurence Horn’s A Natural History of Negation (CSLI 2001 [1989]).