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Jiangcc Posted 14 years ago
Grammar
Please check my answers for this passage.?
The City of Roland Hills
Memorandum - DRAFT
TO: Mayor Jackson and City Council Members
FROM: Mary Smith, Chief City Accountant
Subject: Revision to loan agreement between the city and Sunnyside Mall
Proposal: Sunnyside Mall will provide the city with space for a teen recreation center. In exchange, Sunnyside Mall will not be required to pay back its loan from the city for last year's renovation.
Loan Agreement: The city and Sunnyside Mall entered into a loan agreement in August. The city loaned Sunnyside Mall $520,000. Terms included a 2.4% interest rate and no fees on a 20-year loan. Sunnyside Mall now agrees to provide mall space to the city in exchange for forgiveness of this loan.
Reason for Revision: When the loan agreement was signed, the city did not know it would need to rent space for an expansion to the existing City Teen Center (CTC). Space in Sunnyside Mall will give the city access to low-income youth on the city's north side. "It" will use the CTC expansion to provide recreation facilities and job training.
Financial Impact: The city and Sunnyside Mall agree that rent for the CTC expansion for one month is equal to one monthly loan payment of $4,000. This means that city revenues will decrease by $48,000 per year over the remainder of the loan agreement.
Recommendation: The City Manager or a member of our legal staff should draft a new agreement between the city and Sunnyside Mall stating that as long as the mall provides space for an expanded CTC, it will not have to make its monthly loan payments.
In the new agreement between the city and the mall, ______.
(A) the city will receive space for the CTC and the mall will not have to pay back its loan from the city
(B) the city will pay $4,000 per month for space to build an expansion for the CTC
(C) Sunnyside Mall will rent space from the city for an expansion to theCityTeenCenter
(D) Sunnyside Mall will save $4,000 per month, but the city will lose $48,000 per month
My answer is A
In this passage, "It" refers to the ______.
(A) the mall
(B) the city
(C) the loan
(D) youth
My answer is B
Memorandum - DRAFT
TO: Mayor Jackson and City Council Members
FROM: Mary Smith, Chief City Accountant
Subject: Revision to loan agreement between the city and Sunnyside Mall
Proposal: Sunnyside Mall will provide the city with space for a teen recreation center. In exchange, Sunnyside Mall will not be required to pay back its loan from the city for last year's renovation.
Loan Agreement: The city and Sunnyside Mall entered into a loan agreement in August. The city loaned Sunnyside Mall $520,000. Terms included a 2.4% interest rate and no fees on a 20-year loan. Sunnyside Mall now agrees to provide mall space to the city in exchange for forgiveness of this loan.
Reason for Revision: When the loan agreement was signed, the city did not know it would need to rent space for an expansion to the existing City Teen Center (CTC). Space in Sunnyside Mall will give the city access to low-income youth on the city's north side. "It" will use the CTC expansion to provide recreation facilities and job training.
Financial Impact: The city and Sunnyside Mall agree that rent for the CTC expansion for one month is equal to one monthly loan payment of $4,000. This means that city revenues will decrease by $48,000 per year over the remainder of the loan agreement.
Recommendation: The City Manager or a member of our legal staff should draft a new agreement between the city and Sunnyside Mall stating that as long as the mall provides space for an expanded CTC, it will not have to make its monthly loan payments.
In the new agreement between the city and the mall, ______.
(A) the city will receive space for the CTC and the mall will not have to pay back its loan from the city
(B) the city will pay $4,000 per month for space to build an expansion for the CTC
(C) Sunnyside Mall will rent space from the city for an expansion to theCityTeenCenter
(D) Sunnyside Mall will save $4,000 per month, but the city will lose $48,000 per month
My answer is A
In this passage, "It" refers to the ______.
(A) the mall
(B) the city
(C) the loan
(D) youth
My answer is B
Top answer
Both are correct.
- Both are correct.
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