The recent decline in land prices has hurt many institutions that had invested heavily in real estate. Last year, before the decline began, a local college added 2,000 acres to its holdings. The college, however, did not purchase the land but received it as a gift. Therefore, the price decline will probably not affect the college.
Which of the following, if true, casts most doubt on the conclusion above?

Question

Examsnet · Accepted Answer

Correct Answer is :  Last year, the amount that the college allocated to pay for renovations included money it expected to receive by selling some of its land this year.

GMAT Verbal Reasoning Practice Test 6