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After a storied investment bank recently fired its CEO and hired an ou

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Bunuel
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After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 00:25
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A
B
C
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E

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56% (01:52) correct 44% (01:54) wrong based on 815 sessions
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Competition Mode Question



After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability.

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
(C) of being able to return, based upon his past work at a private equity firm, the investment
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability
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A
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 02:04
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The right answer is option A.

In option B, the preposition of is inappropriate. His claims of the ability of returning is awkward. Eliminate B.
In C, his claim of being able to return the investment changes the meaning of the sentence. What investment will he return? Has there been some stolen investment? C is illogical. Eliminate C.
his claims to be able to return is wordy in option D. his claims to return or his claim that he can return as in option A is more concise. Eliminate D.
In E, his claim that he is capable of returning is wordy compared with his claim that he can return in A. Eliminate E.
We are left with option A as the right answer.

After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability.

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
(C) of being able to return, based upon his past work at a private equity firm, the investment
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 03:24
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We use "claim that" to denote a statement.
"claim of", "claim to be" are unidiomatic --> B, C, and D are out

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability --> CORRECT
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability --> "can return" is better than "is capable of returning" for the sack of concision
--> "return A back to B" - "back" is redundant --> should be: "return A to B"

Thus (A).
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 03:32
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IMO A :
that, based upon his past work at a private equity firm, he can return the investment bank to profitability


After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims [url]that, based upon his past work at a private equity firm, he can return the investment bank to profitability.[/url]

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
(C) of being able to return, based upon his past work at a private equity firm, the investment
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 04:04
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Option A is the right answer.

Option E is the only other worthy contender here. But 'returning the investment bank back' is redundant.
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 04:16
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Quote:
After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability.

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
(C) of being able to return, based upon his past work at a private equity firm, the investment
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability


MEANING
The new CEO claims that he can return the bank to profitability.

IDIOM: Claims…THAT

(E) "returning…back" red; "is capable of" vs "can" concision.

Ans (A)
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 04:51
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(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
(C) of being able to return, based upon his past work at a private equity firm, the investment
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability

OA:A
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Dec 2019, 07:25
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After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability.

"claim to be" and "claim that" both are correct idioms, so we need other reason for elimination.

Quote:
(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
- I cannot spot smth bad with option A, so I kept it and then compare with D. For me, D works better.
Quote:
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
- "ability to" is correct idiom, not "ability of"; "claim of" is also incorrect
Quote:
(C) of being able to return, based upon his past work at a private equity firm, the investment
1) "claim of" is incorrect 2) change in meaning: original meaning is "return of profitability", and this options states "return investment"
Quote:
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
- Correct
Quote:
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability
- 1) "return back" is redundancy 2) style: "he is capable of" (adjective phrase) is worse than "can return" (verb /verb phrase)
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   06 Dec 2019, 01:11
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“... claims that ... “ is correct one

B,C,D — out

In E, “... returning ... back.... .” —> redundancy

The answer is A

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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   06 Dec 2019, 02:28
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Bunuel wrote:

Competition Mode Question



After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability.

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
(C) of being able to return, based upon his past work at a private equity firm, the investment
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability


OFFICIAL EXPLANATION



The verb claims should be followed by one of two patterns: (1) that followed by a subordinate clause (2) claims followed by an infinitive (set apart by commas).

A. claims is correctly followed by that and a subordinate clause set apart by commas
B. the phrase claims of the ability, ..., of returning is neither grammatical nor idiomatic
C. the phrase claims of being able to return, ..., the investment is neither grammatical nor idiomatic
D. the phrase to be...able to return should not be split up as it creates an awkward construction; to be able to return can be made concise by removing to be able
E. the phrase returning the investment bank back is redundant as the words returning and back convey the same idea; the phrase he is capable of can be shortened to the phrase he can
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   06 Dec 2019, 04:27
After 'that' we require a clause in the next part.

Only A and E fulfill this condition.

But the problem in E is how the claim is stated. It changes the meaning.

In E, he is capable of returning the investment bank back to profitability

Here it seems that the replacement will be able to return the investment bank to profitability, as if profitability was a person or an entity.

Hence 'E' is incorrect and correct answer is 'A'
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   06 Dec 2019, 05:00
Dear experts Bunuel Akurian,
I had a doubt in the use of "based on.."
Isn't "based on" an ed-modifier?
I could not understand how "based on... , he... " is correct?

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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   12 Dec 2019, 15:00
Bunuel wrote:
Bunuel wrote:

Competition Mode Question



After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability.

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability
(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
(C) of being able to return, based upon his past work at a private equity firm, the investment
(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability


OFFICIAL EXPLANATION



The verb claims should be followed by one of two patterns: (1) that followed by a subordinate clause (2) claims followed by an infinitive (set apart by commas).

A. claims is correctly followed by that and a subordinate clause set apart by commas
B. the phrase claims of the ability, ..., of returning is neither grammatical nor idiomatic
C. the phrase claims of being able to return, ..., the investment is neither grammatical nor idiomatic
D. the phrase to be...able to return should not be split up as it creates an awkward construction; to be able to return can be made concise by removing to be able
E. the phrase returning the investment bank back is redundant as the words returning and back convey the same idea; the phrase he is capable of can be shortened to the phrase he can


Hi, thank you for the explanation, although there is one thing I don't understand:

After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability

Why can we use "He" after "replacement's" is in possessive form?

Thank you!
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After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   02 Jan 2020, 06:40
In option A 'he' does not seem to have a reference as it states 'replacement's claim'

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After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   05 Feb 2020, 06:27
Hi lucisgm4 and cosmiquegmat11 ,

Actually, "he" can legitimately refer to "replacement's". I am sure that you will find the below link of great help.

https://gmatclub.com/forum/recent-studi ... l#p2116833


However, it would be advisable first to give below questions a shot and only then investigate the link above:

1. https://gmatclub.com/forum/among-the-ob ... 82658.html
2. https://gmatclub.com/forum/frances-wrig ... 25566.html
3. https://gmatclub.com/forum/joplin-s-fai ... 81885.html
4. https://gmatclub.com/forum/although-she ... 08881.html
5. https://gmatclub.com/forum/recent-studi ... 69787.html
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   17 Nov 2020, 11:16
A is wrong. "based upon his past work at a private equity firm, he", he cannot be based upon his past work...... .

Ideal would have been "on the basis of...." .

Thus D most apt among those.
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   07 Aug 2021, 10:25
Bunuel wrote:

Competition Mode Question



After a storied investment bank recently fired its CEO and hired an outspoken and flamboyant replacement, members of the news media centered their stories on the replacement's claims that, based upon his past work at a private equity firm, he can return the investment bank to profitability.


+1 for A

(A) that, based upon his past work at a private equity firm, he can return the investment bank to profitability

(B) of the ability, based upon his past work at a private equity firm, of returning the investment bank to profitability
returning isn't the right usage of the ability is off track therefore out

(C) of being able to return, based upon his past work at a private equity firm, the investment
The sentence doesn't convey the entire meaning since the last clause isn't complete

(D) to be, based upon his past work at a private equity firm, able to return the investment bank to profitability
This first isn't good to the ear in addtion to that dependent clauses are seperated out through commas

(E) that, based upon his past work at a private equity firm, he is capable of returning the investment bank back to profitability
Only problem being the inclusion of returning which distorts the meaning

Therefore IMO A
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink] New post   26 Oct 2023, 03:40
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Re: After a storied investment bank recently fired its CEO and hired an ou [#permalink]
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