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ALF Corporation, --yet another Paradox question

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ALF Corporation, --yet another Paradox question  [#permalink]

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New post Updated on: 20 Nov 2013, 03:31
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  45% (medium)

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71% (02:00) correct 29% (02:10) wrong based on 461 sessions

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ALF Corporation, the nations’ leading rental agent as well outright seller, acquired hundreds of thousands of old tenements at throw away prices in the suburbs and modified them to fit modern requirements of office space. However in 2008, when severe recession set in, all of ALF’s prime properties could find neither buyers nor tenants. Many industry watchers thought that ALF might file Chapter eleven; surprisingly however, ALF did not feel the pinch much but sustained the lean period.

Which one of the following, if true, does most to help resolve the apparent paradox?

(A ALF’s tenants who couldn’t afford high city rentals moved over to the suburban tenements
(B) Effective transportation such as Metro transit, frequent buses, and private call taxies helped ALF to reach suburbs.
(C) The city financial hub became desolated after many companies vacated prime locations in the city.
(D) Many of ALF’s clients have deferred buying new properties
(E) The recession has affected the software exporters more acutely than it did ALF

Source : Question by daagh, Verbal Expert, Gmat club

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Originally posted by daagh on 13 Nov 2013, 08:41.
Last edited by daagh on 20 Nov 2013, 03:31, edited 4 times in total.
Formatting for verbal CR project
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Re: ALF Corporation, --yet another Paradox question  [#permalink]

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New post 20 Nov 2013, 03:33
@yadagiri

sorry ; edited some typos. Now you might find the flow reasonable.
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Re: ALF Corporation, --yet another Paradox question  [#permalink]

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New post 18 Apr 2014, 11:10
Good thing ALF bought properties in the suburb at throw away prices before the recession came
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Re: ALF Corporation, --yet another Paradox question  [#permalink]

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New post 26 Sep 2014, 04:30
1
ALF Corporation, the nations’ leading rental agent as well outright seller, acquired hundreds of thousands of old tenements at throw away prices in the suburbs and modified them to fit modern requirements of office space. However in 2008, when severe recession set in, all of ALF’s prime properties could find neither buyers nor tenants. Many industry watchers thought that ALF might file Chapter eleven; surprisingly however, ALF did not feel the pinch much but sustained the lean period.

Which one of the following, if true, does most to help resolve the apparent paradox?

Author says that
- ALF bough property in Sub- Urban Area and made offices there
- In Recession all prime properties could find no buyer. Still ALF sustained.

Prethinking:
Now how can ALF sustain- Primary location tenants move to suburban are or any other source of income or may be ALF invested somewhere else ( in profitable sector)

(A ALF’s tenants who couldn’t afford high city rentals moved over to the suburban tenements - This choice clearly shows that Primary location tenants moved to sub uraban areas , giving profit to ALF.
(B) Effective transportation such as Metro transit, frequent buses, and private call taxies helped ALF to reach suburbs. _ OFS
(C) The city financial hub became desolated after many companies vacated prime locations in the city. - Irrelevant
(D) Many of ALF’s clients have deferred buying new properties - Irrelevant
(E) The recession has affected the software exporters more acutely than it did ALF - OFS
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Re: ALF Corporation, --yet another Paradox question  [#permalink]

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New post 03 Jan 2017, 23:33
acquired hundreds of thousands of old tenements at throw away prices in the suburbs and modified them to fit modern requirements of office space

Option C The city financial hub became desolated after many companies vacated prime locations in the city
Can not it help the paradox as those companies moved to Sub urban as old tenements have been renovated to fit modern requirement of office space.
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Re: ALF Corporation, --yet another Paradox question  [#permalink]

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New post 02 Feb 2017, 04:15
him1985 wrote:
ALF Corporation, the nations’ leading rental agent as well outright seller, acquired hundreds of thousands of old tenements at throw away prices in the suburbs and modified them to fit modern requirements of office space. However in 2008, when severe recession set in, all of ALF’s prime properties could find neither buyers nor tenants. Many industry watchers thought that ALF might file Chapter eleven; surprisingly however, ALF did not feel the pinch much but sustained the lean period.

Which one of the following, if true, does most to help resolve the apparent paradox?

Author says that
- ALF bough property in Sub- Urban Area and made offices there
- In Recession all prime properties could find no buyer. Still ALF sustained.

Prethinking:
Now how can ALF sustain- Primary location tenants move to suburban are or any other source of income or may be ALF invested somewhere else ( in profitable sector)

(A ALF’s tenants who couldn’t afford high city rentals moved over to the suburban tenements - This choice clearly shows that Primary location tenants moved to sub uraban areas , giving profit to ALF.
(B) Effective transportation such as Metro transit, frequent buses, and private call taxies helped ALF to reach suburbs. _ OFS
(C) The city financial hub became desolated after many companies vacated prime locations in the city. - Irrelevant
(D) Many of ALF’s clients have deferred buying new properties - Irrelevant
(E) The recession has affected the software exporters more acutely than it did ALF - OFS


Hi, I thought on the same lines but then another thought occured which is, as the high rental locations are being vacated for lesser rental ones, the company stands to loose out in this case as well, of course the new property would not go waste but only at the cost existing HIGH VALUE property...so ALF is essentially loosing money.
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Re: ALF Corporation, --yet another Paradox question  [#permalink]

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New post 08 May 2017, 00:37
spent too much time on answering 1 question
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Re: ALF Corporation, --yet another Paradox question  [#permalink]

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New post 22 Dec 2017, 02:36
Can someone explain why C is incorrect and A is the OA? like saurabhsavant said, if the tenets move to suburban location wont ALF receive lower that what they were receiving?
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Re: ALF Corporation, --yet another Paradox question &nbs [#permalink] 22 Dec 2017, 02:36
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ALF Corporation, --yet another Paradox question

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