Nationwide, nearly two percent of all business school graduates will eventually be convicted of violations of the Securities and Exchange Act. Over the last five years, fully eight percent of all employees with MBAs at Schicksal, Barnham & Lampert, a top brokerage firm have been convicted of such violations. This dubious distinction clearly indicates that employees with MBAs at Schicksal, Barnham & Lampert are four times as corrupt as employees with MBAs at other brokerage firms.
Which one of the following statements, if true, most weakens the argument above?
A) The Securities and Exchange Commission is far more likely to investigate brokerage firms than other businesses.
B) Most of the employees of Schicksal, Barnham & Lampert are scrupulously honest and would not intentionally act in such a way as to violate a regulation such as the Securities and Exchange Act.
C) A greater number of the Schicksal, Barnham & Lampert employees with MBAs investigated for possible violations of the Securities and Exchange Act were cleared of all wrong-doing than were their counterparts at other brokerage firms.
D) The level of corruption of individuals on a staff is not directly related to the proportion of these individuals who have been convicted of corrupt behavior.
E) Schicksal, Barnham & Lampert regularly hires from the top eight percent of all business school graduates, who must have competed vigorously to have enjoyed such success.
OA D
Source: Princeton Review
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A) The Securities and Exchange Commission is far more likely to investigate brokerage firms than other businesses.
Comparison is bw SBL and other brokerage firms, hence OOS
B) Most of the employees of Schicksal, Barnham & Lampert are scrupulously honest and would not intentionally act in such a way as to violate a regulation such as the Securities and Exchange Act.
Intentionally or unintentionally - does not matter , OOS
C) A greater number of the Schicksal, Barnham & Lampert employees with MBAs investigated for possible violations of the Securities and Exchange Act were cleared of all wrong-doing than were their counterparts at other brokerage firms.
Greater number can be 2 also over 1, but this will not prove anything, not sufficient to weaken the conclusion
D) The level of corruption of individuals on a staff is not directly related to the proportion of these individuals who have been convicted of corrupt behavior.
Proportion of convictions does not tell anything about the level of corruption, may be 12% of employees of SMB just did a fraud of about $100 only cumulatively, while just 1 employee in some other firm did fraud of $ 1 mn , this surely weakens the argument
E) Schicksal, Barnham & Lampert regularly hires from the top eight percent of all business school graduates, who must have competed vigorously to have enjoyed such success.
from where does they hire does not matter , OOS
Please
if you found the post useful.
Comparison is bw SBL and other brokerage firms, hence OOS
B) Most of the employees of Schicksal, Barnham & Lampert are scrupulously honest and would not intentionally act in such a way as to violate a regulation such as the Securities and Exchange Act.
Intentionally or unintentionally - does not matter , OOS
C) A greater number of the Schicksal, Barnham & Lampert employees with MBAs investigated for possible violations of the Securities and Exchange Act were cleared of all wrong-doing than were their counterparts at other brokerage firms.
Greater number can be 2 also over 1, but this will not prove anything, not sufficient to weaken the conclusion
D) The level of corruption of individuals on a staff is not directly related to the proportion of these individuals who have been convicted of corrupt behavior.
Proportion of convictions does not tell anything about the level of corruption, may be 12% of employees of SMB just did a fraud of about $100 only cumulatively, while just 1 employee in some other firm did fraud of $ 1 mn , this surely weakens the argument
E) Schicksal, Barnham & Lampert regularly hires from the top eight percent of all business school graduates, who must have competed vigorously to have enjoyed such success.
from where does they hire does not matter , OOS
Please
if you found the post useful.
