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# Several of a certain bank s top executives have recently

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Intern
Joined: 06 Jan 2005
Posts: 23
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04 Feb 2005, 00:14
Yes, what is the answer to the question?
Director
Joined: 27 Dec 2004
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06 Feb 2005, 06:55
OA please? I am still learning to solve these boldface nightmares.
Manager
Joined: 15 Feb 2005
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15 Feb 2005, 13:51
I also think the main conclusion was in the sentence before at first i thought B was wrong but on a second read it makes sence cause the bolded conclusion is subsidiary to the main conclusion, which is on a broader surface.

B
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16 Feb 2005, 04:09
Awesome explaination. Paul this really strengthened my fundamentals.
Senior Manager
Joined: 22 Jun 2004
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Location: Bangalore, India
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19 Feb 2005, 06:35
I think it is A.

In the first run, I could eliminate B, D and E because the second one is the main conclusion.
C is eliminated because the first one is evidence for both of the opposing positions stated in the stem. (The officers buy with genuine interest or they buy with vested interests)

So, it has to be A because the first one provides the circumstance which is later elaborated with opposing positions and then concluded on the whole (Key words "On balance, therefore").

nocilis wrote:
Several of a certain bank?s top executives have recently been purchasing shares in their own bank. This activity has occasioned some surprise, since it is widely believed that the bank, carrying a large number of bad loans, is on the brink of collapse. Since the executives are well placed to know their bank?s true condition, it might seem that their share purchases show that the danger of collapse is exaggerated. However, the available information about the bank?s condition is from reliable and informed sources, and corporate executives do sometimes buy shares in their own company in a calculated attempt to calm worries about their company?s condition. On balance, therefore, it is likely that the executives of the bank are following this example.
In the argument given, the two boldfaced portions play which of the following roles?

A. The first describes the circumstance the explanation of which is the issue that the argument addresses; the second states the main conclusion of the argument.
B. The first describes the circumstance the explanation of which is the issue the argument addresses; the second states a conclusion that is drawn in order to support the main conclusion of the argument.
C. The first provides evidence to defend the position that the argument seeks to establish against opposing positions; the second states the main conclusion of the argument.
D. The first provides evidence to support the position that the argument seeks to establish; the second states a conclusion that is drawn in order to support the argument?s main conclusion.
E. Each provides evidence to support the position that the argument seeks to establish.

Explain .... lets learn!

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Awaiting response,

Thnx & Rgds,
Chandra

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23 Feb 2005, 13:17
A. The first describes the circumstance the explanation of which is the issue that the argument addresses;the second states the main conclusion of the argument.

B. The first describes the circumstance the explanation of which is the issue the argument addresses; the second states a conclusion that is drawn in order to support the main conclusion of the argument.

I go with B because I think its not about stating the main conclusion but supporting it based on the thinking by experts i.e. the evidence.
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c

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13 Mar 2005, 19:38
so A is the OA here?

GMAT Club Legend
Joined: 07 Jul 2004
Posts: 4971
Location: Singapore
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13 Mar 2005, 19:54
A. The first describes the circumstance the explanation of which is the issue that the argument addresses; the second states the main conclusion of the argument.
- A should be the answer. It describes a circumstance (executive buying share) of which the issue that the argument addresses (issue is why executives buy shares from a flailing bank). The second states the main conclusion (executives do so to calm worries about their companyâ€™s condition.)

B. The first describes the circumstance the explanation of which is the issue the argument addresses; the second states a conclusion that is drawn in order to support the main conclusion of the argument.
- Second is the conclusion, and is in fact the main conclusion. B is out.

C. The first provides evidence to defend the position that the argument seeks to establish against opposing positions; the second states the main conclusion of the argument.
- Out. First doesn't provide evidence of any sort. The first sentence is a fact. (a reality)

D. The first provides evidence to support the position that the argument seeks to establish; the second states a conclusion that is drawn in order to support the argumentâ€™s main conclusion.
- Out.

E. Each provides evidence to support the position that the argument seeks to establish
- Out.

A it is.
Manager
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14 Mar 2005, 10:35
OK i agree after looking at this problem now i feel like the last sentence is the main conclusion not the one before that, and it is supported by the conclusion before it.
A
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23 Mar 2005, 04:03
I go with B but am on shaky ground about it.

I just do not see how the second bold is really a conclusion. seems to function like a conclusion about evidence but maybe not the overall conclusion which could be: don't buy this company's stock or something.
Intern
Joined: 04 May 2005
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04 May 2005, 08:31
(B) !!!!! because the conclusion according to me is "therefore managers buy shares to calm worries or watever" .... and the last statement confirms just this conclusion but is definitely not the main conclusion.

Hope I haven't confused.
Intern
Joined: 15 Aug 2004
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05 May 2005, 11:27
I go with B.

The last statement seems to be drawn in the support of the conclusion..!!!
Intern
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15 Jul 2005, 14:17
Has to be A.
I don't see two conclusions in the paragraph, that's why I went with A, but B is tempting.
Intern
Joined: 02 Apr 2005
Posts: 31
Location: Europe
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19 Jul 2005, 02:02
Hello everyone. This is my first post.

I vote for A as well.
Current Student
Joined: 29 Jan 2005
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06 Oct 2005, 21:28
Not sure if we ever got an OA for this, but it is definately a hands down A.

Cut through the verbosity in the other answer choices and only A makes sense- I`d bet my bottom dollar on it!
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07 Oct 2005, 12:27
Paul has made my RC life easier... thanks!
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Joined: 03 Jan 2005
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21 Oct 2005, 06:31
Wrong grammar.
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Joined: 07 Jul 2005
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07 Nov 2005, 21:06
Evidence is the stated in the first boldface
Conclusion is stated in the second boldface.

a) Out: Not a circumstance
b) Out: The second BF is the main conclusion
d) Out: The second BF is the main conclusion
e) Out

I pick C.
Intern
Joined: 13 Nov 2005
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15 Nov 2005, 20:25
I think the answer is definitely A.

The first boldface statement is merely a statement describing a situation. It is definitely not any kind of evidence. Hence C,D and E can be eliminated.

That 'bank executives buy shares to calm worries about company's condition' is just supportive evidence from which the main conclusion is drawn. It is definitely not a 'conclusion' in itself. The second boldface statement is therefore a conclusion drawn based on this supportive evidence and is the 'main' and only conclusion drawn.

Am I right?
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Help me crack the GMAT .. !!

Senior Manager
Joined: 03 Nov 2005
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Re: Several of a certain bank s top executives have recently  [#permalink]

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16 Dec 2005, 15:32
I'll vote for A.

I know that C, D, E are out, because the first statement provides an explanation of the issue rather than stating evidence of any kind.
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Re: Several of a certain bank s top executives have recently &nbs [#permalink] 16 Dec 2005, 15:32

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