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III. Post-reading stage:

3. Consult a dictionary, read and translate the following words:

• a binding obligations

• terms and conditions

• a transfer of real estate

• to sign a contract

• the basis of a transaction

• a binding obligations

• a prospective buyer

• a transfer of real estate

• to come to an agreement

• the basis of a transaction

4. Answer the following questions:

1. What do the two parties sign after coming to an agreement about terms and condi­tions of the transactions?

2. What is contract?

3. What types of contracts do you know?

4. What items are necessary in any contract?

5. What elements should a contract contain to be a legally binding agreement?

5. Sum up what the text says about:

1) the preparatory work before the contract is signed;

2) the usual information the contract specifies;

3) the types of contracts.

6. Learn the contract given above and define all the clauses of the contract. How many clauses does it contain?

7. Consult a dictionary, read and translate the following words:

• subject of agreement

• compulsory participation

• to provide the services

• non-provided service

• in accordance with

• compensation charge

• point of destination

• procedure of payment

• medical insurance

• appendix

• in full amount

• to be remitted

• conditions of providing services

• legislation

• to be substituted

• receiving part

• to make refund

• the law in force

• a claim

• compensation of damages

8. Translate the following sentences into Ukrainian:

1. The part sending tourists pays bank charges.

2. Both partied sign the corresponding statement.

3. The appendixes are considered the inseparable part of this agreement.

4. Prolongation of agreement is done by exchanging of official letters.

5. The parts do not carry any responsibility for the cases, which happened as a result of illegal behavior of tourists as well as for such cases which were caused by the transport organizations, luggage, money or any tourist's property loss.

6. But the parties are obliged to undertake all necessary measures to resolve the conflicts.

7. Changes and supplements to the agreement are valid if written and signed.

8. The two parties are not supposed to entitle with their rights to the third part with­out other than by mutual decision.

9. Find English equivalents to the following:

• Міжнародний Комерційний

арбітраж

• заходи щодо вирішення конфліктів

• Торгово-промислова палата

України

• угода може бути розірвана

• форс-мажорні обставини

• зміни та доповнення до угоди

• ануляція

• сторони не несуть відповідальності

• скарга

• письмове повідомлення

• відшкодування шкоди

• неправомірна поведінка

• правила валютного регулювання

• збереження майна

І. Pre-reading stage:

1) Have you ever conclude a sales contract?

2) What are the liabilities of the seller?