ShmoopTube

00:00

[ musical flourish ]

00:04

And here's your Shmoop du jour, brought to you by bankruptcy,

00:08

the thing that ends a Monopoly game...

00:10

if Monopoly games ever ended.

00:12

It just keeps going and going, doesn't it?

00:14

All right, check out the following sentence.

00:16

All offers to renegotiate contracts were rescinded when the company went bankrupt.

00:20

The word "rescinded"

00:22

most nearly means what?

00:24

And here are the potential answers.

00:25

Let's see... Scinded again, there.

00:28

All right.

00:31

It's bad news if one's company goes bankrupt.

00:33

It means that all those employees will likely have to curb their addiction to expensive watches.

00:37

Likewise, it's bad news if the company was offering to renegotiate contracts.

00:41

Renegotiation usually gives employees more money.

00:45

Money that the business, well, doesn't have anymore.

00:48

Now A - extended means continued or stretched.

00:51

Well, bankrupt companies aren't gonna stretch out those renegotiated offers.

00:56

After all, they don't have the money anymore anyway.

00:58

And B - advertised means announced or praised.

01:01

The company sure isn't gonna be announcing offers they can't afford.

01:05

And D - upheld means maintained.

01:08

You can't maintain something you can't afford.

01:11

Just ask anyone who's just received their first bill for a new cell phone. Yeah.

01:15

It's not pretty.

01:17

But to repeal means to take back.

01:19

This is probably what these bankrupt companies will do.

01:22

They'll take back their offers to negotiate,

01:24

thus saving money. So option C is the correct answer.

01:27

Word to the wise:

01:29

it's not easy to repeal... a banana.

01:33

Yeah. Not good.

Full Transcript