Учебное пособие по английскому языку для студентов неязыковых вузов специальности "Государственное и муниципальное управление". Касторнова О.Н. - 28 стр.

                 —an office with a window        —taking holidays when you like
                 —a uniform                      —the size of your desk
                 —a personal business card       —having more than one seat in your office
                 —your own office                 —flying business class
                 —a company car                   —a company credit card
                 —your name on your door
             2.Read the three descriptions of company structures. Then answer the
             questions. Use a dictionary to help you.
                 Sole trader
                 One person sets up and runs the company. The person provides all the
         capital and has unlimited liability for business debts, even if this means selling
         personal assets.
                 Limited company
                 In a limited company (AmE corporation), the capital is divided into
         shares, which are held by shareholders. Shareholders have limited liability, but
         they can vote at the Annual General Meeting to elect the Board of Directors.
         There are two types of limited company:
                 1) In a private limited company, all shareholders must agree before any
         shares can be bought or sold.
                 2) In a public limited company, shares are bought and sold freely, for
         example on the stock exchange.
                 Partnership
                 A group of people provide the capital, set up the company and manage it
         together. There are two types of partnership:
                 1) Partners in an unlimited partnership are like sole traders - if the
         business fails they are fully liable for all debts, and may even have to sell
         personal assets.
                 2) In a limited partnership there can be sleeping partners who do not
         participate in the management of the company. Sleeping partners have limited
         liability - in the event of bankruptcy, they only lose their investment, not their
         personal assets.
             1. What are most people's main personal assets?
             2. How can a sole trader get the capital to set up a business? Think of five
                 methods.
             3. If a limited company has 5000 shares and each share is worth £2.50, what
                 is the capital of the company?
             4. What are the advantages and disadvantages of being a sleeping partner?
             5. What is the difference between a sleeping partner and a shareholder?
             6. If a private limited company goes bankrupt, do the shareholders lose their
                 personal assets? Why?
             7. What must you do to sell your shares in a private limited company?
             8. What are the advantages of a public limited company? Think of three.
                 3. Discuss these questions.


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