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Bunuel
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BrentGMATPrepNow
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Ans. A
stmt 1:

y=mx+c
We can get y intercept by putting x=0
so, y=c
Stmt 1 says, m=4c
Hence y=4cx+c
We can get x intercept by putting y=0
so, 4cx=-c
Thus, x=-1/4
Sufficient

stmt 2:
The y intercept of line m is -2.
y=-2 when x=0
Here, line m passes through (0,-2) , but slope can be at any angle and hence x intercept can be negative or positive
Not sufficient
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Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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