Bunuel
In the 1920s, many stockbrokers were unable to collect payment from their investors, and it was a major contributor to the failure of the stock market in 1929.
(A) In the 1920s, many stockbrokers were unable to collect payment from their investors, and it
(B) The stockbrokers being unable to collect payment from their investors in the 1920s
(C) For stockbrokers in the 1920s, to be unable to collect payment from their investors
(D) The inability of the stockbrokers in the 1920s to collect payment from their investors
(E) The stockbroker inability in the 1920s to collect payment from their investors
OFFICIAL EXPLANATION:
(Pronoun Error) The presence of ‘it’ in the underlined part should alert you of a pronoun error in the sentence. Remember the rule that every pronoun must have an antecedent within the sentence. So, what is the antecedent of ‘it’? The only singular noun phrase in the first part of the sentence is ‘payment from their investors.” But does the author intent to say that “payment from their investors was a major cause of the stock market crash of 1929?” No. one the contrary, what he intend to say is that the lack of payment from investors that was the major cause of the failure. So, the absence of an antecedent for the pronoun ‘it’ is the grammatical error in the given sentence. So, (A) is wrong.
The other choices mentioned the reason for the failure correctly, but use the phrases “The stockbrokers being unable,” “For the stockbrokers to be unable,” “The inability of the stockbroker,” and “The stockbroker inability.”
Among these, “The inability of the stockbroker” is the most idiomatic phrase, and (D) is the answer. To say “to be unable to….. was the cause of” sounds incorrect, making choice (C) incorrect. It is more correct to say “the inability…. was the cause of”