Magic is a type of Illusion. Failure can Illusion. Bankruptcy is a type of Failure. Bankruptcy is a type of Solution. 
Known is a synonym of Go. Go is related to Boat. 
Magic --IsA--> Illusion <--CapableOf-- Failure <--IsA-- Bankruptcy --IsA--> Solution 
Known <--Synonym--> Go <--RelatedTo--> Boat 