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Confused with wording

by 4meonly » Sun Jan 25, 2009 10:58 am
Recently in City X, developers have stopped buying land, contractors have found themselves going without work for longer periods, and banks have issued fewer mortgages. There must be fewer new residents moving to City X than there were previously.

Which of the following indicates a flaw in the reasoning above?
This year several housing blocks have gone on the market after being held up for months by legal red tape.
The average size of a new home has increased significantly over the past several years.
Re-sales of condominiums have increased over the past six months.
The cost of materials such as lumber and cement has decreased over the past year.
Sales of other big-ticket items, such as automobiles and boats, has remained steady over the past year.

OA A

Guys, what is legal red tape?
I do not understand.. I am not native English speaker
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by Ian Stewart » Sun Jan 25, 2009 11:33 am
'Red tape' refers to excessive bureaucracy, usually of an official nature. It is especially common to refer to government paperwork as 'red tape'; if you need to fill out dozens of forms and applications just to get permission to open a restaurant, you might say that you were dealing with a lot of 'red tape'. In the English legal system, legal documents were traditionally bound using red tape, which is apparently where the phrase originated.
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by 4meonly » Mon Jan 26, 2009 11:26 am
Ian,
thank you!!! Now I understand why A is correct!

This is unfair to ask such question on international exam!!! :(
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Re: Confused with wording

by kanha81 » Fri Jul 03, 2009 1:58 pm
4meonly wrote:Recently in City X, developers have stopped buying land, contractors have found themselves going without work for longer periods, and banks have issued fewer mortgages. There must be fewer new residents moving to City X than there were previously.

Which of the following indicates a flaw in the reasoning above?
This year several housing blocks have gone on the market after being held up for months by legal red tape.
The average size of a new home has increased significantly over the past several years.
Re-sales of condominiums have increased over the past six months.
The cost of materials such as lumber and cement has decreased over the past year.
Sales of other big-ticket items, such as automobiles and boats, has remained steady over the past year.

OA A
Can anyone explain what's wrong with [spoiler][C][/spoiler]?
Because people buying and moving into condominiums that are sale, yet moving into city X, presents an alternate reason.

Thanks a bunch!
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by mehravikas » Fri Jul 03, 2009 9:14 pm
Can someone please explain why 'A' is correct, A says that several houses have gone on the market after being held for several months. But no where it points that those houses have been sold.

Isn't C a better choice?
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by perfectstranger » Thu Jul 23, 2009 8:26 pm
+1 for C could anyone explain why A is better than C?
Please do not post answers visibly . Please hide them or post them later after the discussion.
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by bignasty666 » Fri Jul 24, 2009 12:50 am
i think because the evidence presented needs to be countered. A counters the evidence by saying that there is an oversupply situation in the market and therefore developors are not buying land etc.....IT IS NOT BECAUSE PEOPLE HAVE STOPPED MOVING TO THE CITY.

Choice C is too vague and contributes nothing to countering the evidence.
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Confused with A

by riteshbindal » Fri Jul 24, 2009 12:55 pm
I am confused with A. It definitely shows the flaw which can be a reason for why developers have stopped buying land and contractors have found themselves going without work for longer periods. But if there are new houses in market (oversupply) and people are coming to this city, then why will banks have issue fewer mortgages. Mortgages will still be taken by people coming to this town.
Can someone please explain this?
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by mankey » Fri Nov 11, 2011 9:25 am
Someone please explain why C is wrong here?

Thanks.
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by saketk » Fri Nov 11, 2011 9:40 am
mankey wrote:Someone please explain why C is wrong here?

Thanks.
Mankey, This is an old MGMAT question. I think Option A and C both fits the bill. I was confused so I googled.

Refer to this link -- https://www.manhattangmat.com/forums/cit ... t2132.html

See the first post made by Stacey. You will find your answer. I think this question was sent for review. Refer to the latest question. This is 3 yrs old.
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