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Заняття 11 (for students)

Тема: Форми бізнесу у США. Характеристика. Робота з лексикою. Особливості вживання so та such.

1. Повідомлення теми та мети уроку.

2. Checking homework:

1) Read the following words and translate them:

Sole; trader, liability; branch; owner; estate agent; building; architect; management; stationary; joint-stock company, shareholders; exchange; stock exchange; to incorporate; under the law; to regulate; to deliver; to issue; deed stamp; to certify; to issue.

2) Answer the questions:

1. What is the oldest form of business in the UK ? (the sole trader)

2. What do you know about ‘partnership’ as a form of business ?

3. Where are the names of partners printed if we speak about the partnership ?

4. What does it mean Ltd ?

5. What are the limited liability companies divided into ?

6. What companies may offer shares to the public at the stock exchange? (public companies)

7. What is the abbreviation of public companies ? (plc)

8. Do private limited companies have the right to offer shares to the public ? (No.)

9. What are the names of the companies which may not offer shares end in ? (in Ltd)

10. What do you know about a branch of foreign company ?

11. What way does a branch of foreign company act under ?

3. Read the following words and word-combinations and learn them:

Corporation	Корпорація	To state	вказувати
Alien	Іноземець	Power	Можливість
Liable for	Відповідальний	Powers	Повноваження
Debt	борг	To prefer	Вважати за краще
To share	Ділити, брати участь	Taxation	оподаткування
Profit	Прибуток	To require	Вимогати
Investment	Вклад капіталу	requirement	вимога
Stockholder	Акціонер	Sell sold-sold	продавати
To elect	Вибирати	At will	По бажанню
buy-bought-bought	покупати	Authorities	Влада
To profit	Отримувати прибуток	State authorities	Державна влада

4. Read the following text and translate it: Forms of business in the usa

Business in the USA may be organized as one of the following form:

• Individual business

• General partnership

• Limited partnership

• Corporation

• Alien corporation

An individual business is owned by one person.

A general partnership has got several owners. They all are liable for debts and they share in the profits.

A limited partnership has got at least one general owner and one or more other owners. They have only a limited investment and a limited liability.

A corporation is owned by persons, called stockholders. The stockholders usually have certificates showing the number of shares which they own. The stockholders elect a director or directors to operate the corporation. Most corporations are closed corporations, with only a few stockholders. Other corporations are owned by many stockholders who buy and sell their shares at will. Usually they have little interest in management of the corporations.

Alien corporations are corporations of foreign countries.

All the corporations are to receive their charters from the state authorities. The charters state all the powers of the corporation. Many corporations try to receive their charters from the authorities of the State of Delaware, though they operate in other states. They prefer the State of Delaware because the laws are liberal there and the taxation is rather low. Such corporations, which receive their charters from an outside state are called foreign corporations.

All the corporations require a certificate to do business in the state where they prefer to operate.