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Vocabulary Bank

sole

единственный, исключительный

trader

торговец

partnership

партнерство, товарищество

limited liability

ограниченная ответственность

limited liability company

компания с ограниченной ответственностью

brand

отделение

solicitor

адвокат

estate

1) недвижимое имущество

2) имение, поместье

estate agent

агент по купле-продаже недвижимого имущества

jobber

маклер, комиссионер

hairdresser

парикмахер

architect

architecture

архитектор

архитектура

stationery

канцелярские принадлежности, почтовая бумага

joint

объединенный, совместный

joint-stock company

акционерная компания

to divide

делить(ся)

stock exchange

фондовая биржа

public

публичный, государственный, общественный

incorporate

зарегистрировать как корпорацию

Exercises

1. Answer the following questions.

1. What is the most common type of company in the UK?

2. Are all limited liability companies joint-stock companies?

3. What sector of economy do all these companies and sole traders belong to?

4. What other two sectors of economy does the figure show?

5. What can you say about the types of the following companies:

– «Fine Furniture Ltd.»;

– «General Foods plc».

2. Sum up what the text says about sole trader, partnerships, shareholders, private limited companies, public limited companies, branches of foreign companies.

3. Underline the suffixes in the following nouns.

trader

architector

hairdresser

owner

jobber

manager

farmer

builder

lawyer

solicitor

foreigner

teacher

auditor

shareholder

worker

4. Complete the following sentences.

1. Very often farmers work as...

2. It is quite common for solicitors to form...

3. The names of all the partners of the firm...

4. At the end ... «Ltd.» is used.

5. At the end … «plc» is used.

5. Match the terms with their definitions.

1) limited liability company a) company incorporated outside Great Britain

2) joint-stock limited liability company b) company registered in Great Britain

3) public limited liability company c) company acting under the British law

4) private limited liability company d) company acting under its normal foreign name

5) «Ltd.»

6) «plc»

6. Sum up what the text says about sole trader, public limited companies, partnerships, private limited companies, shareholders, branches of foreign companies.

7. Give the information about the types of businesses in Russia.

8. Read and translate the text.

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