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Since 1986 when the Department of Labor began to allow

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Director
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Since 1986 when the Department of Labor began to allow [#permalink] New post 05 Jun 2006, 08:38
00:00
A
B
C
D
E

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(N/A)

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0% (00:00) correct 0% (00:00) wrong based on 1 sessions
Since 1986 when the Department of Labor began to allow investment officers’ fees to be based on how the funds they manage perform, several corporations began paying their investment advisers a small basic fee, with a contract promising higher fees if the managers perform well.
(A) investment officers’ fees to be based on how the funds they manage perform, several corporations began
(B) investment officers’ fees to be based on the performance of the funds they manage, several corporations began
(C) that fees of investment officers be based on how the funds they manage perform, several corporations have begun
(D) fees of investment officers to be based on the performance of the funds they manage, several corporations have begun
(E) that investment officers’ fees be based on the performance of the funds they manage, several corporations began

Please explain.

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Brajesh
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 [#permalink] New post 05 Jun 2006, 08:43
between B and D i am in inclining towards D.

performance of the funds they manage is correct and I think "have begun" should be used as this happened after the Dept of Labor's action.
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 [#permalink] New post 05 Jun 2006, 21:00
Will go with B. Began is better than have begun. If I remember right have is not used with since
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 [#permalink] New post 05 Jun 2006, 21:14
To me .. D looks a better choice ... coz we are talking about a thing in the past which is continuing in the present too...
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 [#permalink] New post 05 Jun 2006, 21:21
(A) investment officers’ fees to be based on how the funds they manage perform, several corporations began

(B) investment officers’ fees to be based on the performance of the funds they manage, several corporations began

(C) 'that' is unescessary

(D) suggests fees manager the funds

(E) 'that' is unescessary

Between A and B, go with B. (A) is a lengthy version of (B).
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 [#permalink] New post 05 Jun 2006, 21:38
I feel D is answer.

I have a doubt can a pronoun refer to possesive noun.

In A,B,E 'they' refers to investment officer's fees and not to investment officer.

A,B,E fall in one group and C and D in other.



C is eliminated because that is not required.
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 [#permalink] New post 06 Jun 2006, 12:46
^ D ^

We need present perfect here as we have "since". (We are talking about the time from 1986 up to now)

So we are left with C and D.

>> we have such a usage as "allow X to do sth". So, D is the answer.

Since 1986 when the Department of Labor began to allow fees of investment officers to be based on the performance of the funds they manage, several corporations have begun paying their investment advisers a small basic fee, with a contract promising higher fees if the managers perform well.
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Re: SC - Department of Labor [#permalink] New post 06 Jun 2006, 19:35
b14kumar wrote:
Since 1986 when the Department of Labor began to allow investment officers’ fees to be based on how the funds they manage perform, several corporations began paying their investment advisers a small basic fee, with a contract promising higher fees if the managers perform well.
(C) that fees of investment officers be based on how the funds they manage perform, several corporations have begun
(D) fees of investment officers to be based on the performance of the funds they manage, several corporations have begun


with since, it needs "have...........".
Between C and D, D is better...
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 [#permalink] New post 23 Jun 2006, 19:10
what threw me off in this question is who are "THEY"? Dep of Labor, investment officers (couldn't be, due to possessive) or the fees???

I chose B :oops: but OA is D... selene, nice point about "since"!!! I totally didn't see it, otherwise would have chosen the correct one
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 [#permalink] New post 24 Jun 2006, 05:01
D.

Since 1986 when the Department of Labor began to allow fees of investment officers to be based on the performance of the funds they manage, several corporations have begun paying their investment advisers a small basic fee, with a contract promising higher fees if the managers perform well.
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 [#permalink] New post 24 Jun 2006, 05:23
I chose B beacuse D has "...have begun" which looked incorrect to me.
  [#permalink] 24 Jun 2006, 05:23
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