Ask Questions, Discuss Approaches & No Clutter
flamingo
0

Declining values for farm equipment and land, the collateral against

Open 1 Answers 418 Views

Declining values for farm equipment and land, the collateral against which farmers borrow to get through
the harvest season, is
 going to force many lenders to tighten or deny credit this spring.

(A) the collateral against which farmers borrow to get through the harvest season, is
(B) which farmers use as collateral to borrow against to get through the harvest season, is
(C) the collateral which is borrowed against by farmers to get through the harvest season, is
(D) which farmers use as collateral to borrow against to get through the harvest season, are
(E) the collateral against which farmers borrow to get through the harvest season, are

Official Answer

1 Answer

jaipster
1
Choosing between D and E is certainly tricky here. D is redundant. To "use [something] as collateral" is "to borrow against" that thing. You can say one or the other in a sentence (and E goes with the "borrow against" version) but, if you use both, you're saying the same thing twice! Most people miss that on this one - tough one.
answered Jun 14, 2014 by Senior Associate (475 points)
Student Speaks

Jyotsna Mehta

Indian School of Business, Co'18

I am very thankful to Gmatxchange and would definitely recommend Gmatxchange mentors to all those students applying for MBA admissions

Your Tentative GMAT Score
Estimate your GMAT score.
700
The scorer helps you to determine your current level within a few questions you solve.Read More
Please log in or register to use the Scoring Feature
Confused about your profile & colleges, Get FREE profile evaluation today from over 10 consultants.
Follow us and get quick prep updates on Facebook
...