Question 30
Sentence InterpretationSelect the option that best explains the information conveyed in the sentence: The company ought to have issued warrants for one billion shares.
- A.The company has issued one billion shares.
- B.The management expected the company to issue more than one billion shares.
- C.Members of the company bought less than one billion shares.
- D.The company did not issue one billion shares.
Show the answer and explanation
Answer: D (The company did not issue one billion shares.)
Explanation
'Ought to have issued' means it should have done so but did not.