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Difficulty:
(N/A)
Question Stats:
33% (02:09) correct
66% (01:19) wrong based on 3 sessions
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To avoid a lengthy prison term, the convicted financier signed a binding document, delineating the millions in fines and restitution that she must pay, as well as another legal memorandum in which she ________ her role and financial interest in the hedge fund she had founded.
A. abjured
B. jeopardized
C. reneged
D. deposed
E. censured
F. forwent
A. abjured
B. jeopardized
C. reneged
D. deposed
E. censured
F. forwent
22 Jul 2025, 07:16
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OE
The founder did something bad enough to be threatened with a prison term. She is paying “fines and restitution” and she must also have to do something else negative (for her) relative to her role in the company. “Abjured” and “forwent” both work here; she is giving up her position and financial stake in the company. “Reneged” means to break a promise; she can’t “renege a role.” Similarly, a leader can be “deposed,” but you don’t depose a role. The hedge fund founder may be “censured” (probably worse), but it doesn’t make sense for her to “censure” (disapprove of, reprimand) her role. Finally, her actions may have “jeopardized” her role, but she wouldn’t sign a legal memorandum to do so.
Answer: A,F
The founder did something bad enough to be threatened with a prison term. She is paying “fines and restitution” and she must also have to do something else negative (for her) relative to her role in the company. “Abjured” and “forwent” both work here; she is giving up her position and financial stake in the company. “Reneged” means to break a promise; she can’t “renege a role.” Similarly, a leader can be “deposed,” but you don’t depose a role. The hedge fund founder may be “censured” (probably worse), but it doesn’t make sense for her to “censure” (disapprove of, reprimand) her role. Finally, her actions may have “jeopardized” her role, but she wouldn’t sign a legal memorandum to do so.
Answer: A,F
