Vocabulary exercises

I.

1. c

2. b

3. a

4. e

5. g

6. f

7. d

8. h

9. i

II.

1. a

2. c

3. f

4. d

5. g

6. b

7. e

III.

1. 2a 3k

2. 2l 3i

3. 2k 3g

4. 2f 3b

5. 2j 3j

6. 2c 3c

7. 2e 3f

8. 2g 3a

9. 2h 3d

10. 2b 3h

11. 2i 3l

12. 2d 3e

V.

1. m

2. c

3. d

4. a

5. j

6. b

7. h

8. i

9. l

10. g

11. e

12. k

13. f

VI.

1. unlіmіted lіabіlіty; 2. dіstrіbute the profіt; 3. general/prіncіpal partner; 4. draw/gaіn/make/realіze a profіt; 5. make a profіt; 6. secure a profіt; 7. go іnto partnershіp; 8. sіngle/sole proprіetorshіp; 9. prіncіpal stockholder; 10. operate a busіness; 11. state-owned corporatіon; 12. wіthdraw from partnershіp; 13. undіsclosed partner.

VII.

1. assocіatіon; 2. corporatіon; 3. partnershіps; 4. stockholders; 5. partner; 6. profіts; 7. busіness; 8. lіabіlіty; 9. share.

III.

1. for, of; 2. among, to, for, of; 3. of, on, for; 4. to, of, without, in; 5. for, for; 6. out, of; 7. off, of; 8. in, of; 9. of, in; 10. for, of; 11. for, to; 12. of, for, from; 13. of, under, of.

IV.

1. a, an, the; 2. a, the, the, the; 3. a, the, the; 4. the, the; 5. a, an, a; 6. a, a, a; 7. a, _; 8. the, the, the, the; 9. the; 10. a, a; 11. the, a, the; 12. the, the, a; 13. the, a, the.

V.

1. institution, profit; 2. corporation; 3. general partners, business, liabilities; 4. association; 5. stock certificates; 6. governmental corporations; 7. sole proprietorships; 8. limited, real estate; 9. ownership, resources; 10. advantages, disadvantages; 11. stockholders; 12. unlimited liability.

VI.

1. A business may be privately owned in such forms as sole proprietorship, a partnership and a corporation. 2. Any business may have the form of the partnership, for example, in such professional fields as medicine, law, accounting, insurance. 3. Starting a partnership is less complex than starting a corporation, but somewhat more so than starting a proprietorship. 4. Educational, religious, charitable institutions can also incorporate; such corporations do not usually issue stocks and is non-profit. 5. A few examples of governmental corporations are state universities, state hospitals and city owned utilities. 6. Simplicity has its advantages but it is not the only thing to consider when choosing the right form of business organization. 7. Partnerships have more advantages than sole proprietorships if one needs a big capital or diversified management. 8. In some western countries, cities, states federal government and special agencies can establish governmental corporations. 9. In the professions of law, medicine, and accounting partnerships have long been the main form of business organization. 10. In the USA service industries such as laundromats, beauty shops, different repair shops, restaurants are likely to be a sole proprietorship. 11. To avoid the problem of unlimited liability a special form of organization known as the limited partnership is used. 12. The legal procedures for starting a proprietorship are limited to registering the company’s name.

II.

1. He did not understand why such urgent measures had been taken. 2. He was trying to explain why the measures he proposed had to be resorted to if we wanted to save the situation. 3. I did not agree with him that one had to take things as they were without trying to change them. 4. It was evident that we were having a backward season for grains. 5. It was impossible to change anything. One had to take things as they were. 6. Large sums were being spent on educational development and still larger sums were to be spent in the nearest future. 7. These documents had to be filed. 8. You could spend at any place as much time as you liked. 9. You might ask the travel agent what was the latest time of check-in at the airport.

V.

1. dare not leave; 2. dare you make; 3. dare you meddle; 4. dared you say; 5. dared you sneak; 6. he dare criticize; 7. dared do; 8. dared not go.

VII.

1. may be said; 2. should be said; 3. is to be delivered; 4. will have to be posted; 5. must be translated; 6. can be decided; 7. must not be touched; 8. had to be postponed; 9. cannot be applied.

VIII.

1. You should have asked him about it. 2. Mary was to work as an арprentice for two years without any salary. 3. They could swim and were able to reach the bank. 4. Не was to go there alone. 5. We are to finish with the experiments in two months at the most. 6. You must not come here. 7. You needn't take their car tomorrow. 8. This magazine is to be found at any bookstall. 9. I shall be able to do it tomorrow.

IX.

1. A business may be privately owned in three different forms. 2. A partnership is an association of two or more persons to carry on a business for profit. 3. Any business may have the form of the partnership. 4. In the United States more than eighty per cent of all businesses are sole proprietorships. 5. It is evident that sole proprietorships do not do the greatest volume of business. 6. Many medical, legal and other professional partnerships decided to incorporate. 7. Proprietorships, partnerships, and corporations have certain advantages and disadvantages. 8. Such corporation does not usually issue stocks and is non-profit. 9. The privately owned business corporation is one type of corporation. 10. The reverse of the silent partner is a secret partner.