3. Transform the following sentences into those containing Participles 1 and 2.

Образец

The film amused us. -- The film was amusing.

-- We were amused.

1. His view surprised a lot of people.

2. All of the students respect Prof. Brown.

3. Our manager charms everybody.

4. His lecture bored the audience.

5. The news excited us.

6. The affair embarrassed our management.

7. Mr. Brown’s lecture impressed the audience.

8. John’s behaviour worries our manager.

9. The latest developments in the country distressed the majority of the population.

10. Today the situation on the international financial markets troubles many governments.

11. She comforted the manager saying that the problem would be settled.

4. Translate the text. Types of business organization

There are different forms of business organization and ownership. They can be divided into those belonging to the private sector, i.e. in the control of private individuals, and those working in the public sector, i.e. owned by the government. Now many countries have a mixed economy in which business activities take place in both the public sector and private sector. In the private sector, there are various types of business organization. There are sole traders, partnerships, companies and cooperatives.

The type of business described as ‘sole trader’ (or ‘sole proprietor’) is one which is owned, run and controlled by one person. It is the most common form of business operating in the service sector, and is typically a small newsagent’s shop or a tradesman’s business plumbing or repairing.

Partnership is a form of business organization owned by between two and twenty partners who provide the capital and share the profits. The partner who provides more capital will receive a bigger share of the profits. If otherwise is not specified the profits and losses must be shared equally by the partners. Partnership is the form of business most commonly found in professions such as medicine, dentistry, law, accountancy and professional services such as building.

A company is a form of business organization which is owned by its shareholders who appoint the board of directors to control its operation. Funds are raised by shares in the form of small amounts bought by a number of small investors.

The public sector is dominated by large nationalized public enterprises. In addition to these nationalized industries, the public sector includes the productive activities of central government departments and local authorities.

5. Answer the questions.

1. Are there different types of organizations?

2. What is there number?

3. What are they?

4. What is the difference between them?

5. What are the differences due to?

6. What do they differ in?

7. Who controls the organization called sole trader?

8. What may be the number of owners of the organization called partnership?

9. Who owns the organization called company?

10. Who is the owner of the public companies?