PRE-LISTENING. Consider the introduction to the unit

Task 1

Consider the introduction to the unit. Answer the following questions and be ready to give a story line. Use the word combinations in brackets.

1. What do we call a private company?

(to be a private company; to be formed by two or more people; to sign a Memorandum of Association; to state something; to agree to take a certain number of shares; to follow the signature; to take shares in the company; members, or shareholders)

2. Why does Harper & Grant Ltd. belong to private companies?

(to found the company; to be started originally by somebody; the authorised capital of the company; to grow; to be worth a certain sum; to carry a vote at a shareholders' meeting)

3. What can the death of Ambrose Harper lead to?

(to cause a crisis in the firm; to manufacture mattresses for beds; to own ten per cent of Harper & Grant shares; to be a personal friend of somebody; to have an opportunity of buying some of the shares formerly belonging to Harper)

4. Why does the opportunity of buying the shares formerly belonging to Harper by outsiders threaten the existence of Harper & Grant Ltd.?

(to own shares; to stop somebody getting shares; to do something for fear of upsetting the voting power at shareholders' meetings; to own fifty-one per cent of the shares; to have a controlling interest; to be in a very good position to take over the firm completely; to make a firm a fully owned subsidiary)

5. Do the management of Harper & Grant Ltd. welcome the possibility of a take over?

(to be jealous of somebody; to own too many of the shares; to raise a loan; to arrange something with the bank; to lend money; to borrow money; to pay interest on money; to buy enough of the shares; to outvote somebody; to be a personal loan; to be a short-term loan; to pay back the money; the rate of interest)

6. How did H.G. manage to raise a loan?

(to ask for security; to hold the deeds of Grant's house; a building society; to buy the property; to repay a proportion of the loan, plus interest; to agree to a second mortgage; to pay back the loan within the time limit; to pay up the first mortgage; the holder of the second mortgage; to give an unsecured loan; to be without any security or guarantee; to get the money back)

Task 2

Give the English equivalents for the following word combinations:

Дата добавления: 2015-07-14