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The bank holds $3 billion in loans that are seriously delinquent or in

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The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post Updated on: 22 Jun 2018, 17:48
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A
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C
D
E

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The Official Guide for GMAT Review, 10th Edition, 2003

Practice Question
Question No.: SC 255
Page: 693

The bank holds $3 billion in loans that are seriously delinquent or in such trouble that they do not expect payments when due.

(A) they do not expect payments when
(B) it does not expect payments when it is
(C) it does not expect payments to be made when they are
(D) payments are not to be expected to be paid when
(E) payments are not expected to be paid when they will be

https://www.nytimes.com/1991/01/07/business/a-success-story-turn-sour-in-new-england.html

Loans for commercial real estate were especially attractive when the local economy was strong because they produced the high profits needed to pay for expensive acquisitions. But by September 1990, with the New England economy soured, almost half the loans the company had made for construction projects, and nearly 20 percent of its mortgage loans for commercial projects, were delinquent. The company holds $3.3 billion of loans that are seriously delinquent or in such trouble that payments are not expected when due. Huge Loss Reported

Originally posted by Mishari on 04 May 2007, 15:07.
Last edited by hazelnut on 22 Jun 2018, 17:48, edited 2 times in total.
Edited the question.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 04 May 2007, 21:31
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The bank holds $3 billion in loans that are seriously delinquent or in such trouble that they do not expect payments when due.

(A) they do not expect payments when
(B) it does not expect payments when it is
(C) it does not expect payments to be made when they are
(D) payments are not to be expected to be paid when
(E) payments are not expected to be paid when they will be


C for me too.

A - is wrong because of "they".
B - is wrong because of "payments when it"
D and E are wrong for using paid. payments are not paid, they are made.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 04 May 2007, 15:36
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I think it is "C" but I'm not great with SC.

I say "C" because 'they' refers to bank, but bank is singular (and neuter) so
we need an 'it' so choice A is out. D and E just seem clumsy. B uses another 'it' to refer to payments - which is plural so you would need a 'they'
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 05 May 2007, 00:34
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(C) for me for the personal reasons... :lol:

"It" correctly refers to the bank, "they" correctly refers to the loans.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 31 Jul 2007, 04:40
Silly question here, but wouldnt the 'it' refer to the loans, instead of the bank itself ?

Or am I confusing that rule ? I thought that 'it' always refer to the subject immediately preceding it ...
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 31 Jul 2007, 04:54
pmenon wrote:
Silly question here, but wouldnt the 'it' refer to the loans, instead of the bank itself ?

Or am I confusing that rule ? I thought that 'it' always refer to the subject immediately preceding it ...


no. it is not a relative pronoun. google "relative pronoun"
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 31 Jul 2007, 06:22
pmenon wrote:
Silly question here, but wouldnt the 'it' refer to the loans, instead of the bank itself ?

Or am I confusing that rule ? I thought that 'it' always refer to the subject immediately preceding it ...


'loans' is not singular. Actually problem in (A) is that 'they' is referring to 'loans' instead of 'bank'. Which, that, who, etc are the cases of pronoun who refer to subject immediately before them..
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 27 May 2008, 04:42
I do not like either of sentence, but out of them C seems to be the best.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 27 May 2008, 05:24
my pick C as well

but just wondering if its actually an OG question

i dont think it is because of the wierd construction
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 19 May 2013, 10:43
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The bank holds $3 billion in loans that are seriously delinquent or in such trouble that they do not expect payments when due.

(A) they do not expect payments when --- they refers to bank which is incorrect as bank is singular and should use it
(B) it does not expect payments when it is -- ambiguous usage of second it . the second it should be replaced by "they" as it should refer to payments .
(C) it does not expect payments to be made when they are -- correct . it refers to bank and they refers to payments
(D) payments are not to be expected to be paid when -- payments and paid are redundant usages.
(E) payments are not expected to be paid when they will be -- payments and paid are redundant usages.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 21 May 2013, 03:02
I have a doubt regarding these question:
If we break down question into clauses then
clause 1 The bank holds $3 billion in loans
clause 2: that are seriously delinquent or in such trouble <== In clause 2 'that' refers to loans hence followed by plural verb "are"
clause 3: that it does not expect payments to be made when they are due <== In clause 3 "that" refers to "trouble" so it should be provided by singular verb,but in option "C" we are introducing pronoun "It" after "that"
then the verb form "does not" will be for pronoun "It" rather than "trouble"

If my understanding for relative pronoun "that" is correct then option "C" would be wrong..
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 21 May 2013, 03:20
1
WarriorGmat wrote:
I have a doubt regarding these question:
If we break down question into clauses then
clause 1 The bank holds $3 billion in loans
clause 2: that are seriously delinquent or in such trouble <== In clause 2 'that' refers to loans hence followed by plural verb "are"
clause 3: that it does not expect payments to be made when they are due <== In clause 3 "that" refers to "trouble" so it should be provided by singular verb,but in option "C" we are introducing pronoun "It" after "that"
then the verb form "does not" will be for pronoun "It" rather than "trouble"

If my understanding for relative pronoun "that" is correct then option "C" would be wrong..

There are two "that"s in the sentence -- first "that" is a modifier and the second "that" is a subordinating conjunction (not a relative pronoun). Here, the second "that" is used to link the dependent clause with the main clause. Hence, use of the second "that" is correct.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 04 Sep 2013, 23:07
A> using they (plural) for bank(singular)
B> what is due? payments(plural) , so use of it is wrong
C>
D,E> I read some where that payments are made not paid... important point should be remember
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 21 Sep 2013, 05:56
Hi,

regarding answer C could the pronoun THEY refer to payments but also to loans and therefore the antecedent wouldn't be clear? Or is it possible to exclude loans somehow?

Thanks

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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 07 Apr 2014, 06:57
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Its C.

The bank holds $3 billion in loans that are seriously delinquent or in such trouble that they do not expect payments when due.

(A) they do not expect payments when-- use of they for bank -- incorrect
(B) it does not expect payments when it is -it..it .. ambiguous -- incorrect
(C) it does not expect payments to be made when they are -- can't find any issues yet..hold it
(D) payments are not to be expected to be paid when -- payments to be paid -- redundancy .
(E) payments are not expected to be paid when they will be -- payments to be paid -- redundancy .
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 14 Jun 2014, 02:50
(A) they do not expect payments when
They should be IT.
Payments when due (too short)
(B) it does not expect payments when it is
IT IS should be THEY ARE
(C) it does not expect payments to be made when they are
(D) payments are not to be expected to be paid when
when due=too short
(E) payments are not expected to be paid when they will be
Not better than (C)
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 18 Jun 2014, 13:18
1
The bank holds $3 billion in loans that are seriously delinquent or in such trouble that they do not expect payments when due.

(A) they do not expect payments when - The bank - Singular
(B) it does not expect payments when it is -> it doesn't agree in number with payments
(C) it does not expect payments to be made when they are - Perfect
(D) payments are not to be expected to be paid when -> payments are not expected to be paid when -> correct
(E) payments are not expected to be paid when they will be -> "when" refers to be the time instance -> the time instance "when" loans are due.
Also who is not expecting? Bank or who else. The original sentence was quite clear on that. Bank doesn't expect that.

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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 06 Aug 2014, 01:24
In the option C, I think that they is ambiguous as it refers to either 'Payments' or 'Loans'. Please suggest.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 06 Aug 2014, 02:24
Please use pronoun ambiguity (such as in this case where they can refer to either 'Payments' or 'Loans') as a last resort to dis-regard a choice.

One should learn to distinguish between pronoun ambiguity (as is the case here, where a pronoun has multiple antecedents) and orphan pronoun (where pronoun has no antecedent).

Pronoun ambiguity is acceptable on GMAT; orphan pronoun is always incorrect.

p.s. Our book SC Nirvana discusses pronouns, their application and examples in significant detail. If you can PM you email, I can send you the corresponding section.
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Re: The bank holds $3 billion in loans that are seriously delinquent or in  [#permalink]

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New post 20 Nov 2014, 05:41
The bank holds $3 billion in loans that are seriously delinquent or in such trouble that they do not expect payments when due.

(A) they do not expect payments when - They must be It as Ban is singular
(B) it does not expect payments when it is - second it refers to payments hence it must be plural

(C) it does not expect payments to be made when they are - Correct.
(D) payments are not to be expected to be paid when - Passive and wordy
(E) payments are not expected to be paid when they will be - passive and wordy

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