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GMAT Sentence Correction (SC) | Re: New hardy varieties of rice show promise of producing high

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promise of producing - isn't this wrong

Even though it was not illegal for the bank to share its customers' personal and financial information with an outside marketing company in return for a commission on sales, the state's attorney general accused the bank of engaging in deceptive business practices by failing to honor its promise to its customers to keep records private.

a) by failing to honor its promise to its customers to keep

b) by its failure of honoring its promise to its customers
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