Sunday, April 16, 2006

Qn:351

In 1929 relatively small declines in the market ruined many speculators having bought on margin; they had to sell, and their selling pushed other investors to the brink.
(A) speculators having bought on margin; they had to sell, and
(B) speculators who had bought on margin; having had to sell,
(C) speculators who had bought on margin; they had to sell, and
(D) speculators, those who had bought on margin; these speculators had to sell,and
(E) speculators, who, having bought on margin and having to sell,

Official Answer: C
posted by ash at Sunday, April 16, 2006

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