Vocabulary Practice

Exercise 1. Transform the sentences according to the model.

Model: Susan is a woman. – She does the books.

Susan is a woman who does the books.

1. Partners are people. They have unlimited liability.

2. This is my partner. He often runs a risk.

3. He is a shop assistant. He gets along well with customers.

4. Susan is a partner. She puts a big amount of money into business.

5. Jean is my friend. Her background is in accounting.

6. Barbara is my partner. She knows how to attract customers.

7. Tom is a partner. He is good at selling.

8. Jack is a friend of mine. He is a secret partner of my business.

9. Helen is a friend of mine. She had supper with Jack in the restaurant.

Exercise 2. Answer the questions.

1. What do you want to be busy with?

2. Do you want to go into business alone or with a partner?

3. With what business partner do you get along well?

4. Imagine you run a shop. What will you do to attract customers?

5. Do you need to consult a lawyer to make a right choice when starting a business?

6. What is your background?

7. Are you a careful person or do you like to run a risk?

8. How can you combine the resources with your partners?

9. What services and skills can you contribute to your business?

10. How will you distribute profits and losses in your partnership?

11. What kind of partner would you like to be: a general partner or a limited partner? Explain your reason.

Grammar Exercises

Exercise 1. Make the sentences negative.

1. Your business is receiving tax benefits.

2. Your partnership is running a great risk.

3. We're getting along very well with the partner.

4. They are going to be general partners.

5. Partners are sharing profits and losses with each other.

6. Their partnership is losing their profit every month.

Exercise 2. Put up 4 questions of different types.

The partners are getting along very well.

1. Are the partners getting along well?

2. Why are the partners getting along quite well?

3. The partners are getting along well, aren't they?

4. Are the partners getting along well or badly?

1. Jane is doing the books in our firm.

2. We are putting the same amount of money into business.

3. My brother is investing his money in the private café.

4. They are distributing the losses unequally.

5. We are combining resources very well.

Translate into English.

1. Члены правления несут полную юридическую ответственность.

2. Партнёр с ограниченной юридической ответственностью не имеет реальной власти.

3. Секретный партнёр принимает участие в управлении, но он не известен общественности.

4. Я хочу вложить деньги в недвижимость.

5. Партнёрство имеет много преимуществ.

6. Партнёрство часто получает налоговые льготы от правительства.

7. Мы хорошо ладим с партнёром.

8. Наше кафе привлекает больше и больше клиентов.

9. Я сделал правильный выбор. Это дело приносит много прибыли.

10. Мой рабочий опыт связан с менеджментом.

11. Она хорошо разбирается в бухгалтерском деле.

12. Мы вкладываем в дело одинаковый капитал.