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24 Apr 2022, 13:30
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B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
55% (01:33) correct
45%
(01:33)
wrong
based on 557
sessions
History
Date
Time
Result
Not Attempted Yet
An unprecedented crisis caused by borrowers defaulting on mortgage loans is affecting the national banking industry. Any bank that wants to survive the mortgage crisis must lay off workers. Ringotts Bank laid off 10 percent of its workforce last week; therefore, Ringotts Bank will survive the mortgage crisis.
The two bolded portions of the argument above play which of the following roles?
A. The first portion is evidence that supports the argument; the second portion is a conclusion that must be true based on the evidence.
B. The first portion is evidence that supports the argument; the second portion is a conclusion that is not necessarily true based on the evidence.
C. The first portion is a conclusion that must be true based on the evidence; the second portion is evidence in support of that conclusion.
D. The first portion is a conclusion that is not necessarily true based on the evidence; the second portion is evidence in support of that conclusion.
E. The first portion is a conclusion that must be true based on the evidence; the second portion is a conclusion that is not necessarily true based on the evidence.
The two bolded portions of the argument above play which of the following roles?
A. The first portion is evidence that supports the argument; the second portion is a conclusion that must be true based on the evidence.
B. The first portion is evidence that supports the argument; the second portion is a conclusion that is not necessarily true based on the evidence.
C. The first portion is a conclusion that must be true based on the evidence; the second portion is evidence in support of that conclusion.
D. The first portion is a conclusion that is not necessarily true based on the evidence; the second portion is evidence in support of that conclusion.
E. The first portion is a conclusion that must be true based on the evidence; the second portion is a conclusion that is not necessarily true based on the evidence.
Weekend Verbal Challenge Question!
armaankumar
Joined: 10 Jun 2020
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Location: India
Schools: ESSEC ESCP Europe (A) HEC MiM "25 (D)
GMAT 1: 610 Q41 V33 (Online)
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GPA: 3.4
25 Apr 2022, 06:54
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Background Information: An unprecedented crisis caused by borrowers defaulting on mortgage loans is affecting the national banking industry.
Premise: Any bank that wants to survive the mortgage crisis must lay off workers.
Premise: Ringotts Bank laid off 10 percent of its workforce last week
Conclusion: therefore, Ringotts Bank will survive the mortgage crisis.
The two bolded portions of the argument above play which of the following roles?
The second portion is a conclusion that may or may not be true. We don't know whether laying off 10% of the worker is sufficient to save the bank from the crisis. It may be the case the bank needs to lay off at least 15% of the workers.
A. The first portion is evidence that supports the argument; the second portion is a conclusion that must be true based on the evidence.
B. The first portion is evidence that supports the argument; the second portion is a conclusion that is not necessarily true based on the evidence.
C. The first portion is a conclusion that must be true based on the evidence; the second portion is evidence in support of that conclusion.
D. The first portion is a conclusion that is not necessarily true based on the evidence; the second portion is evidence in support of that conclusion.
E. The first portion is a conclusion that must be true based on the evidence; the second portion is a conclusion that is not necessarily true based on the evidence.
Premise: Any bank that wants to survive the mortgage crisis must lay off workers.
Premise: Ringotts Bank laid off 10 percent of its workforce last week
Conclusion: therefore, Ringotts Bank will survive the mortgage crisis.
The two bolded portions of the argument above play which of the following roles?
The second portion is a conclusion that may or may not be true. We don't know whether laying off 10% of the worker is sufficient to save the bank from the crisis. It may be the case the bank needs to lay off at least 15% of the workers.
A. The first portion is evidence that supports the argument; the second portion is a conclusion that must be true based on the evidence.
B. The first portion is evidence that supports the argument; the second portion is a conclusion that is not necessarily true based on the evidence.
C. The first portion is a conclusion that must be true based on the evidence; the second portion is evidence in support of that conclusion.
D. The first portion is a conclusion that is not necessarily true based on the evidence; the second portion is evidence in support of that conclusion.
E. The first portion is a conclusion that must be true based on the evidence; the second portion is a conclusion that is not necessarily true based on the evidence.
08 Aug 2023, 11:17
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I understand that for a bank to survive, it must lay off employees. How many employees is not known, that part is also clear.
But...
The fact that R bank will survive is a part of the conclusion... It's not a weakening question, so can we challenge the conclusion of the argument?
But...
The fact that R bank will survive is a part of the conclusion... It's not a weakening question, so can we challenge the conclusion of the argument?
