hard · LSAT Logical Reasoning

Regulator: A firm's license will be suspended unless the firm submits both a compliance report and an audit certification by the deadline. Meridian Corp submitted a compliance report by the deadline but did not submit an audit certification. Meridian's president nevertheless maintains that Meridian's license will not be suspended.

Which one of the following most accurately describes the relationship between the regulator's rule together with the facts about Meridian, and the president's assertion?

  1. The regulator's rule and the facts about Meridian, taken together, are logically incompatible with the president's assertion.
  2. The regulator's rule and the facts about Meridian provide strong but not conclusive evidence against the president's assertion.
  3. The regulator's rule and the facts about Meridian are irrelevant to whether the president's assertion is correct.
  4. The president's assertion, if correct, would establish that the regulator's rule does not apply to Meridian.
  5. The regulator's rule and the facts about Meridian together entail that Meridian will submit an audit certification soon.

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