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Practical_Course_of_English_Language_for_Law_Students.doc
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Reading check exercises

1. Consult a dictionary and practice the pronunciation of the following words. Pay attention to the stress.

Promissory note, certificate of deposit, bearer, bill of exchange, to charge to account, to owe, drawer, drawee, payee, to execute, to honour the draft,

payable at sight, acceptance, sizeable, remainder, to loan at interest, to earn a profit, deliberately, to issue a cheque, to dishonor, payoff, to disregard, to lapse, interest, due, comakers, liable, collateral note, prematurely, mortgage note, to pledge, warehouse receipt, insurance policy, security, receipt, maturity, to inhibit,

to withdraw.

2. Answer the following questions.

1. What is the most common form of commercial paper?

2. What is a draft ? What is another name of draft?

3. What is the function of draft?

4. Who is a drawer?

5. Who is a drawee?

6. What is the acceptance?

7. What are cheques usually written on?

8. What does it mean to honor/dishonor the cheque?

9. Who bears the loss when a cheque was stolen and no stop payment order

was made?

10. What is a promissory note?

11. What is a collateral note?

12. What is a mortgage note?

13. What is a certificate of deposite?

3. Explain what is meant by:

promissory note, certificate of deposit, bill of exchange, to honour the draft, payable at sight, to loan at interest, comakers, collateral note, mortgage note, warehouse receipt, dishonor the cheque, drawer/ drawee, documents of title, blank cheque, CD, IOU, COD, demand instruments, the order directed the bank.

Writing Translate into Ukrainian:

variant ( a ) Text 1 ‘DRAFTS’;

variant ( b ) Text 2 ‘CHEQUES’; variant ( c ) Text 3 ‘PROMISSORY NOTES’

variant ( d ) Text 4 ‘CERTIFICATES OF DEPOSIT’

Speaking tasks

You are expected to speak for about two- three minutes:

1/. What do you know about the definition of a business letter ( purpose, addressees)?

2/. What is a structure of business letters: a) addresses, date, salutation?

3/. What is a structure of business letters: b) the subject heading, ref., the opening paragraph, the body of the letter, complimentary close?

4/. Speak about types of business letters. What is CV, Memo, E-Mail?

5/. What will you put in your CV?

6/. What will you leave out of your CV?

7/. What is a Cover Letter? Basic rules for writing of effective Cover Letter.

8/. What is a commercial paper? Types of commercial papers.

9/. Speak about drafts.

10/. Speak about cheques.

Supplementary reading and writing

TASK 1

Read the text “What Are Some ...” give your answers on the following questions:

1. What is a certified cheque? 2. What is a cashier’s cheque?

3. What are bank drafts used for? 4. When are money orders used?

5. What is the procedure of cashing traveler’s cheques?