Self-study
The constitution of Country F requires that whenever the government sells a state-owned entity, it must sell that entity for the highest price it can command on the open market. ███ ████████████ ████ ████████ ████ ████████ ███ ██████████ █████ █ ███████████ ███████ ██ ████ ██████ ████ ████████ ██ ███████ █ ████ ████ ████████ █████████ ██ ███ █████████ ███████ ███ ██ █████ ███ ████ █████ ███ █████
Summary
The stimulus can be diagrammed as follows:
Notable Valid Inferences
If the citizens will not have majority ownership for at least one year, then the government should not sell.
If the government is not selling for the highest price on an open market, then it should not sell.
23.
The government of Country F ████ ███████ ██ █████ ███ ██ ███ ██████████████ ████████████ █████████ █████ ██ ██ ██ █████ ████ █████ ███ ██ ███ █████████ ███████████
a
The government will ████ █████████ █ ███████████ ████████ ███ ███████ ███ ████████ ███ ████ █ ███████████ ████ ███ █████ ████████ ██ ████████ ██ ███████ █ ████ ███ ███ ███ █████████ ███████ █████ ███ ███ ███ █████████ ████████ ███████████ █████████ █ ████████ █████ ██ ███ ████████████
This is consistent with the requirements. The corporation in question offered the highest bid for the state-owned airline, and even after noncitizens purchase the share, citizens will still have majority ownership of the company.
b
The government has ██████ ██ ████ ████████ ███████ █ ███████████ █████ ██ █ ████████████ ████████ ████████ ██ ███████ █ ████ ████████ █████████ ██ ███ ████████████ ████ ██ ███ █████████████ ██████████ ███ █████ ████ █████ ██ █████ ██████████
This could be consistent with the requirements. This condition meets the requirement of citizens having majority ownership, but we don’t know whether or not the requirement of selling for the highest price was violated.
c
The government will ████ █████████ █ ███████████ ███ ████████ █████ ███ ███████ ███ ████ ███ ██ ███ ███████ ██████ ███ █████████ ███ █████ █████ █████████ █████████ ██ ██ ███████ ████ ███ ██████████ ██████ █████████ ███████ ████████ ██ ███████ █ ████ ████████ ██████████
This could be consistent with the requirements. It is possible that “one of the highest” means the highest offer, and since the government “cannot determine” if the citizens have majority ownership, we cannot confirm that one of the requirements was violated.
d
The government will ████ ████████ ██████████ █ ███████████ ████████ ███ ███████ ███ ████████ ███ ████ █ ███████ ██ █████ ████████ ██ ███████ █ ████ ████████ █████████ ███ ███████████ ███ █ ████████ ██████ ████████ ███ ██████████████ ████ ████ █ ██████████ ██ █████████ ███ ██ ████ ███ ████████ ██ ███████ ██ ███ ██████ ██ ████ ██ ███ ███████ ████
This is consistent with the requirements. The government got the highest bid from a company in which the citizens have majority ownership.
e
The government will ████ ██████████ █ ███████████ ████████ ███ ██████████ ████ █████ ███████████ ████████████ ██ ███ ███ ████████ █████████ ██ ██████ ████ ████████ ██ ███████ █ ████ ████ ████████ ██████████ ████████ ███ ████ ████████████ ████ ██████ ███ █████ ███ ██████████ ████████ ███ ██████████
This would violate one of the requirements. In this situation, it is impossible to simultaneously meet both of the necessary conditions of selling. If the requirement about citizen ownership is met, the requirement about selling for the highest price must be violated.
