
- •Unit I company law lead-in
- •Answer the questions.
- •Comment on the following:
- •I. Read the text.
- •Main features of a company
- •Advantages of company
- •Disadvantages of a company
- •Principle of corporate/company veil
- •Classification of companies2
- •I. Classification on the Basis of Incorporation
- •Classification on the Basis of Liability
- •III. Classification on the Basis of Number of Members
- •Classification on the Basis of Ownership
- •Classification on the Basis of Independence
- •Companies in action: special attributes and key parties3
- •Corporate personality and lifting the veil4
- •Lifting the corporate veil
- •Winding up of a company5
- •Dissolution of a company
- •II. Answer the questions.
- •III. Define if the following sentences are true or false. Use the required information from the text above and correct the false statements.
- •Language focus
- •I. Fill in the gaps using the above words and expressions.
- •II. Study the use of the phrases with “company” and translate the sentences given below into Ukrainian.
- •III. Match the following abbreviations and acronyms with their full equivalents.
- •Grammar focus
- •I. Translate the following sentences into English.
- •II. Read the text and fill in the gaps with the given verbs in appropriate form.
- •International company registration services by efsag
- •Writing
- •Self-control
- •I. Word formation. Complete the following tables:
- •II. Read the article taken from “Oxford Business And Management” and translate it into Ukrainian.
I. Fill in the gaps using the above words and expressions.
La Repubblica and El Pais are politically independent newspapers which … similar characteristics with certain British newspapers.
As the president’s prestige continues to fall, they’re clearly beginning to consider him __________.
I’m not in the mood for ____________ .
Scientists now have to compete for funding, and do not _______ information among themselves.
An incorporated __________ is a legal person in its own right, able to own property and to sue and be sued in its own name.
Slovenia signed __________ agreements with the European Union.
Sid’s amazing wealth comes from _________ in oil, gas, land and property.
The economics ministry has increasingly played a __________ role to the finance ministry.
He ___________ the envelope and put on a stamp.
Adams took ___________ of jobs which have stood him in good stead.
They parted ___________ at the bus stop.
They had to __________ their dance steps with the greatest precision.
This established a strong ___________ image.
The bank has a __________ capital of almost 100 million dollars.
He wants to __________ some money to the account of his daughter.
Security forces searched thousands of homes, confiscating weapons and stolen __________.
I gradually got rather disillusioned with the whole __________ of the university.
If there has been any ____________ in the business, it has been concealed from me.
You can easily ___________ your personal data to another PC using the export feature.
The division will consist of two tank ___________ and one infantry _________ .
II. Study the use of the phrases with “company” and translate the sentences given below into Ukrainian.
keep company
keep someone company
part company
broadcasting company
car company
dot com
drug company
East India Company
electronics company
film company
food company
subsidiary company
transportation company
oil company
target company
Ld., limited company, Ltd.
holding company
stock company
joint-stock company
moving company
1. Businesses create ___________ when expanding into new industries or to separate one product line from another.
2. The world’s number one oil tycoon and his Asian partner ________________ after differences of opinion.
3. In ________________ each shareholder owns the portion of the company in proportion to his or her ownership of the company’s shares.
4. Regulations of the Federal Communications Commission providing for the denial of licenses to radio and television __________ which broadcast so-called “give-away” programs, in which prizes are given to persons elected by chance who answer certain questions correctly but who are not required to contribute any money or other valuable consideration held invalid.
5. Many ______________ were launched with very thin business plans, sometimes with nothing more than an idea and a catchy name.
6. Under the bill which is aimed at strengthening regulation of drugs, devices and cosmetics, as well as at reforming regulation of food, _____________ would have to register annually.
7. Shares of ____________ were owned by wealthy merchants and aristocrats but the government owned no shares and had only indirect control.
8. As a director of ____________, the law says you must try to make the company a success, using your skills, experience and judgment, follow the company’s rules, shown in its articles of association and make decisions for the benefit of the company.
9. European and US ___________ have agreed to share details of their clinical studies with independent researchers after growing pressure from European regulators but are resisting efforts to make them public or available to competitors.
10. _________ must comply with the federal antitrust laws that proscribe the secret and total acquisition of the stock of one corporation by another, since this would lessen competition and create a Monopoly.