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ПОСОБИЕ ПО АНГЛИЙСКОМУ ЯЗЫКУ ДЛЯ СТУДЕНТОВ ГУМАНИТАРНЫХ ВУЗОВ

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5) This is done... filing certain annual and quarterly reports, highlights... which are often included... news releases.

11. Explain the following statements:

  1. Often a company is tempted to report only the good news and bury the bad news.

  2. State agencies are empowered by law to enforce regulations about the distribution and content of financial and product information.

12. Comment on the following statements: Illustrate them.

  1. In financial information, accuracy is imperative.

  2. Companies should avoid the temptation to paint a rosy picture of financial stability if in fact there are problems that stockholders and potential investors need to know in order to make an inform judgement.

  1. Give a summary of the text.

  2. Topical questions:

  1. Do you know any cases of filing lawsuits and collecting damages due to misleading information and misrepresented facts?

  2. Have you ever come across any cases of ambiguous claims, fraudulent testimonials, or any other forms of deception mentioned in the text?

UNIT

FOUR

А

Copyright Law

The purpose of a copyright is to secure for the creator of original material all the benefits earned by creating it. Copyrights apply not only to written words but also to illustrations, plays, musical works, motion pictures, sound recording, graphics, sculp­tures, pantomimes, and dances. Two aspects of copyright law concern you: the use of copyrighted material and the protection of the work that you do.

The copyright law protects original material published during and after the au­thor's lifetime as well as unpublished material.

If the material is prepared "for hire", the protection runs for 75 years from the first year of publication or the first year of creation, whichever is shorter. Anything you write on the job is considered "for hire", and your client or company is the owner of your work, including the copyright.

Material does not have to be printed or distributed for copyright protection. As soon as it is created in a concrete form, it is protected, particularly if it bears a copyright notice but also even if it does not.

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