PrepTest 156, Section 1, Question 21
Traditionally, corporate bankruptcy law placed highest priority on(440 more words not shown)
Which one of the following(21 more words not shown)
- Aa peace plan(19 more words not shown)
- Ban emergency management(25 more words not shown)
- Can investment strategy(17 more words not shown)
- Da taxation policy(23 more words not shown)
- Ea public-health initiative(10 more words not shown)
Reading the passage
Rational planning gives greater protection to those facing greater financial distress. Think of the employee losing a livelihood compared with a party losing a small fraction of its resources. The relevant priority is how badly someone is affected.
What we’re looking for
For an application, look for help going first to those in greatest need. Equal exchanges, prevention of harm, and managing one's own risk would each be different principles.
Working the answers
- A
Matching one concession with another balances what the two sides give up. It doesn't prioritize the party suffering the greatest harm.
- BCorrect
Those most badly injured receive evacuation and medical attention first. The degree of harm determines priority, just as Korobkin gives greater protection to people facing the greatest financial distress. We can see the need and the resulting priority directly in the plan.
- C
This spreads one investor's risks across a portfolio. It doesn't compare affected people and give greater protection to those who are worse off.
- D
Exempting necessities may help people in financial difficulty, so this is a tempting comparison. But the policy distinguishes categories of goods, not people according to the severity of their distress. To turn it into Korobkin's priority rule, we would have to add assumptions about who benefits and how badly they need help. B makes that relationship explicit.
- E
This favors preventing harm over treating it. Korobkin's priority concerns how to protect people affected by a bankruptcy, not whether preventing bankruptcy should take precedence over responding to it.
More Analogy questions
Learn the LSAT our way
Our platform drills Analogy questions at your level and adjusts as you improve.