A. Titles

1. What are articles of association? ______

2. Can anyone be a company director? ______

3. What company types are there? ______

4. What is the minimum number of officers a company requires? ______

5. Who can form a company? ______

6. Can I choose any name I want for my company? ______

7. How do I form a company? ______

8. What is a registered office? ______

9. What is a memorandum of association? ______

B. Extracts from the details

a. One or more persons but a public company or an unlimited company must have at least two subscribers.

b. It is the address of a company to which Companies House letters and reminders will be sent.

c. This document sets out the rules for running the company’s internal affairs.

d. By sending a memorandum of association, the articles of association, the details of the directors and the company secretary, and a statement of legal compliance.

e. On condition that you are not:

- an undischarged bankrupt or disqualified by a court from holding a directorship;

- over 70 years of age.

f. This document sets out the company’s name, the address of the company’s registered office and the object of the company.

g. Private companies limited by shares, private companies limited by guarantee, private unlimited companies, public limited companies.

h. You cannot:

- register the same name as another company;

- use certain words;

- use names likely to cause offence.

i. Every company must have formally appointed company officers at all times.

A private company must have at least:

- one director;

- one secretary — formal qualifications are not required. A company’s sole director cannot also be the company secretary.

A public company must have at least:

- two directors;

- one secretary — formally qualified.

Ex. 9. Translate the following sentences into English (in writing).

1. Merger	1. Объединение (предприятий, банков, компаний и т.д.)
2. Takeover	2. Поглощение. Покупка фирмы или большей части ее акций физическим лицом или другой фирмой.
3. Black Knight	3. Черный рыцарь. Человек или компания, пытающиеся купить (поглотить) другую компанию вопреки желанию ее владельцев. Наименее благоприятный вариант поглощения.
4. Grey Knight	4. Серый рыцарь. Человек или компания, пытающиеся купить (поглотить) другую компанию, не раскрывая своих планов относительно ее будущего.
5. White Knight	5. Белый рыцарь. Человек или организация, спасающие компанию от неблагоприятного для нее варианта поглощения. Наиболее благоприятный вариант поглощения.
6. Target company	6. Компания-мишень. Фирма, которую намеревается приобрести физическое лицо или другая фирма.
7. Dawn raid	7. «Рейд на рассвете». Внезапная попытка скупить большое количество акций компании в первые минуты делового дня на бирже ценных бумаг, до того, как маклеры смогут отреагировать на это путем повышения цен на акции. В настоящее время такие «рейды» ограничиваются законодательно.

Ex. 10. Match the words and word expressions from A and B and then give their equivalents.

A	B
1. quia timet	a) to come anew
2. ratio decidendi	b) because he fears
3. res extincta	c) a matter that has been decided
4. res ipsa loquitur	d) by force and arms
5. res judicata	f) beyond the powers
6. sui juris	g) a disreputable cause
7. turpis causa	h) a matter that has ceased to exist
8. ultra vires	i) the reason for deciding
9. veniro de novo	j) of his own right
10. vi et armis	k) the thing speaks for itself

Read the texts. Make notes of its main points. Be ready to discuss them. Do some practice after reading to check your knowledge.

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