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# Since it has become known that several of a bank s top

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Since it has become known that several of a bank s top [#permalink]

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06 May 2006, 20:25
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Since it has become known that several of a bankâ€™s top executives have been buying shares in their own bank, the bankâ€™s depositors, who had been worried by rumors that the bank faced impending financial collapse, have been greatly relieved. They reason that since top executives evidently have faith in the bankâ€™s financial soundness, those worrisome rumors must be false. They might well be overoptimistic, however since corporate executives have sometimes bought shares in their own company in a calculated attempt to dispel negative rumors about the companyâ€™s health.

In the argument given, the two boldfaced portions play which of the following roles?

A. The first summarizes the evidence used in the reasoning called into question by the argument; the second states the counterevidence on which the argument relies.
B. The first summarizes the evidence used in the reasoning called into question by the argument; the second is an intermediate conclusion supported by the evidence.
C. The first is an intermediate conclusion that forms part of the reasoning called into question by the argument; the second is evidence that undermines the support for this intermediate conclusion.
D. The first is an intermediate conclusion that forms part of the reasoning called into question by the argument; the second is the main conclusion of the argument.
E. The first is an intermediate conclusion that forms part of the reasoning called into question by the argument; the second states a further conclusion supported by this intermediate conclusion.
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06 May 2006, 23:45
D it is

From the evedience that bankâ€™s top executives have been buying shares in their own bank the author concludes that top executives evidently have faith in the bankâ€™s financial soundness. Hence it is an intermediate conclusion. The second is a main conclusion based on the evedience above and the one provided in the last 3 lines of the passage.
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07 May 2006, 08:51
Agree with deowl D it is.
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07 May 2006, 11:32
why not C?
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IE IMBA 2010

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08 May 2006, 03:33
Yurik79 wrote:
why not C?

Both these statements are conclusions. Only D and E say that they are conclusions. But E says that second conclusion supports the first. This is not true.

Hence D.
08 May 2006, 03:33
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