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To avoid a lengthy prison term, the convicted financier

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GMAT Club Legend
GMAT Club Legend
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Joined: 07 Jun 2014
Posts: 4720
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 91

Kudos [?]: 1622 [1] , given: 385

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To avoid a lengthy prison term, the convicted financier [#permalink] New post 03 Oct 2017, 05:36
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Question Stats:

44% (00:07) correct 55% (00:51) wrong based on 9 sessions

To avoid a lengthy prison term, the convicted financier signed a binding document delineating the millions in fines and restitution that she must pay, and another legal memorandum in which she ________ her former role and financial interest in the hedge fund she had founded.
A. abjured
B. jeopardized
C. reneged
D. deposed
E. censured
F. forwent

[Reveal] Spoiler: OA
Abjured, forwent

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Question: 77
Page: 112
[Reveal] Spoiler: OA

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Sandy
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GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 07 Jun 2014
Posts: 4720
GRE 1: Q167 V156
WE: Business Development (Energy and Utilities)
Followers: 91

Kudos [?]: 1622 [0], given: 385

CAT Tests
Re: To avoid a lengthy prison term, the convicted financier [#permalink] New post 08 Oct 2017, 17:56
Expert's post
Explanation

Since the hedge fund founder is doing something to avoid a long prison term, and because of the clue “former role,” you know that she “gave up” that role. Abjured and forwent both work here.

Be precise — reneged means “to break a promise.” A leader can be deposed, but you don’t depose a role. The hedge fund founder may be being censured (probably worse), but it doesn’t make sense for her to censure (disapprove of, reprimand) her role.

Hence options abjured, forwent are correct!
_________________

Sandy
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Re: To avoid a lengthy prison term, the convicted financier   [#permalink] 08 Oct 2017, 17:56
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To avoid a lengthy prison term, the convicted financier

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