Find all School-related info fast with the new School-Specific MBA Forum

It is currently 23 May 2013, 05:08
Customize  |  Hide

The delinquency rates on mortgages for office buildings,

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
Director
Director
User avatar
Joined: 25 Oct 2008
Posts: 619
Location: Kolkata,India
Followers: 6

Kudos [?]: 93 [0], given: 100

GMAT Tests User
The delinquency rates on mortgages for office buildings, [#permalink] New post 09 Oct 2009, 15:11
00:00

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
The delinquency rates on mortgages for office buildings, hotels, shopping malls, and other commercial properties held by the nation's insurance companies in recent months have increased sharply, leading to predictions that foreclosures on these types of loan could double over the next three years.


(A) in recent months have increased sharply, leading to predictions that foreclosures on these types of loan could double over the next three years
(B) have increased sharply in recent months, leading to predictions that foreclosures on these types of loans could double over the next three years
(C) have increased sharply in recent months, leading to predictions that doubling of foreclosures on these types of loans could occur over the next three years
(D) has increased sharply in recent months, and lead to predictions that over the next three years doubling of foreclosures on this type of loan could occur
(E) in recent months has increased sharply, and this leads to predictions that foreclosures on that type of loan in the next three years could double

OA:
[Reveal] Spoiler:
E

Explanations please!!
_________________

countdown-beginshas-ended-85483-40.html#p649902

Director
Director
User avatar
Joined: 01 Apr 2008
Posts: 921
Followers: 8

Kudos [?]: 123 [0], given: 18

GMAT Tests User
Re: delinquency rates [#permalink] New post 09 Oct 2009, 20:10
No explanations..shocked with E !! rates cant be singular ehh!! or am i missing something :(
Intern
Intern
Joined: 15 Jul 2009
Posts: 9
Followers: 0

Kudos [?]: 1 [0], given: 0

Re: delinquency rates [#permalink] New post 10 Oct 2009, 01:56
I doubt that answer choice E is correct. Can anyone explain? In my opinion it has to be answer choice C!
Manager
Manager
User avatar
Joined: 10 Jul 2009
Posts: 136
Location: Ukraine, Kyiv
Followers: 2

Kudos [?]: 14 [0], given: 60

Re: delinquency rates [#permalink] New post 10 Oct 2009, 03:18
I go with B. Do no think that the answer should be E.

"rates" are plural, thus answer choices with "has" can be eliminated. Besides wording in E looks confusing.
choice C looks awkward for me. The sense is the same as in B, but "foreclosures...could double" looks better than "doubling of foreclosures".

Any other choices/explanations?
_________________

Never, never, never give up

Intern
Intern
Joined: 04 Jul 2009
Posts: 27
Location: Ohio
Schools: Ross PT
WE 1: Operations Management
WE 2: Project Management
WE 3: Project Engineer
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: delinquency rates [#permalink] New post 10 Oct 2009, 03:49
I like B too.

D and E out because of has

C - as GMAT guys would say is "awkward and confusing"

A is out because of types of loan
Manager
Manager
User avatar
Joined: 02 Jan 2009
Posts: 99
Location: India
Schools: LBS
Followers: 2

Kudos [?]: 26 [0], given: 6

Re: delinquency rates [#permalink] New post 10 Oct 2009, 04:05
tejal777 wrote:
The delinquency rates on mortgages for office buildings, hotels, shopping malls, and other commercial properties held by the nation's insurance companies in recent months have increased sharply, leading to predictions that foreclosures on these types of loan could double over the next three years.


(A) in recent months have increased sharply, leading to predictions that foreclosures on these types of loan could double over the next three years
(B) have increased sharply in recent months, leading to predictions that foreclosures on these types of loans could double over the next three years
(C) have increased sharply in recent months, leading to predictions that doubling of foreclosures on these types of loans could occur over the next three years
(D) has increased sharply in recent months, and lead to predictions that over the next three years doubling of foreclosures on this type of loan could occur
(E) in recent months has increased sharply, and this leads to predictions that foreclosures on that type of loan in the next three years could double

OA:
[Reveal] Spoiler:
E

Explanations please!!


A and E out - misplaced modifiers.

D out - we are talking about rates so can not use 'has'

Down to B and C -> B sounds better.

Surprised that OA is E.
_________________

The Legion dies, it does not surrender.

Senior Manager
Senior Manager
Joined: 18 Sep 2009
Posts: 373
Followers: 3

Kudos [?]: 17 [0], given: 2

GMAT Tests User
Re: delinquency rates [#permalink] New post 10 Oct 2009, 10:25
i will go with B. option C is wordy and it conveys same meaning as B does.
Senior Manager
Senior Manager
User avatar
Joined: 18 Aug 2009
Posts: 313
Followers: 2

Kudos [?]: 50 [0], given: 9

GMAT Tests User
Re: delinquency rates [#permalink] New post 03 Nov 2009, 03:04
Ran into this in 1000sc and saw the same debate going at other places as well.
B for me too! And I think we can safely conclude that is the correct OA
Manager
Manager
Joined: 10 Sep 2009
Posts: 120
Followers: 2

Kudos [?]: 4 [0], given: 10

Re: delinquency rates [#permalink] New post 13 Nov 2009, 10:33
OA is B on the following website...
http://gmatsentencecorrection.blogspot. ... chive.html
Manager
Manager
Joined: 19 Nov 2007
Posts: 229
Followers: 1

Kudos [?]: 55 [0], given: 1

GMAT Tests User
Re: delinquency rates [#permalink] New post 14 Nov 2009, 00:19
IMO the answer choice cannot be E

Reason 1: “The delinquency rates” is plural so the verb should be plural.(in this case “have”)
Reason 2: “held by the nation's insurance companies in recent months” seems as if “rate are held by nation's insurance companies in recent months”. However IMO the author seems convey that “rate are held by nation's insurance companies increased in recent months”
Reason 3: This is a cause effect relation ship sentence. And choice E seems not to convey this. Main clause followed by a present participle phase is apt to convey cause effect relation ship
Reason 4: “this leads” has no clear referent
Reason 5: “that type of loan” has no clear referent
Re: delinquency rates   [#permalink] 14 Nov 2009, 00:19
    Similar topics Author Replies Last post
Similar
Topics:
Popular new posts Interest rates on mortgages have declined steadily during banerjeea_98 21 26 Apr 2005, 12:43
Popular new posts A prolonged period of low mortgage rates resulted in a kimmyg 13 16 Sep 2005, 05:46
Popular new posts Interest rates on mortgages have declined steadily during shahnandan 16 13 Feb 2006, 22:00
New posts The delinquency rates on mortgages for office buildings, bmwhype2 4 08 Sep 2007, 11:09
New posts probability office building dtaneja 2 02 Jun 2009, 03:49
Display posts from previous: Sort by

The delinquency rates on mortgages for office buildings,

  Question banks Downloads My Bookmarks Reviews  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.