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Ex.3. Check the meaning and pronunciation of these words.

Jane's first bank account | Use the following word combinations. Make all the necessary changes to suit your story. | GOING INTO BUSINESS FOR YOURSELF. | Ex.3. Turn these sentences into disjunctive questions by adding the proper question tags. By asking questions you attempt to clarify a piece of information at your disposal. | Ex.1. What is missing? Check your answers with the text above. | Ex.14. Read the text using appropriate words from the list below. Summarize the ideas about the role of partners in a partnership. | Ex.18. Read the following aphorisms and sayings. Use some of them in preparing an essay on small business. | Ex.6. Answer the following questions. | Make up correct variants of statements. | PRICES AND MARKETS. |


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  2. A meaningful definition of negotiation
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  4. A Reference Glossary to Pronunciation Terms and Terminology
  5. A) Explain their meanings;
  6. A) Pronunciation drill. Pronounce the words, then look at the given map and fill in the table below.
  7. A) Read the article to find the answers to these questions.

 

1. entrepreneur 20.expand

2. sole trader 21.success

3. self-employed person 22.bankruptcy

4. property 23.advantage

5. own 24.feature

6. save 25.rights and duties

7. borrow 26.personal assets

8. lend 27.sole proprietorship

9. loan 28.limited liability

10.debt 29.unlimited liability

11.set up \start\ form 30.limited partnership

12.put up 31.funds

13.contribute 32.profit

14.participate 33.loss

15.decide 34.hire \employ

16.agree 35. fire \dismiss\ lay off

17.allow 36.limited company\ corporation

18.avoid 37.raise money\ funds

19.fail 38.go bankrupt

.

Ex.4. Note how prefixes and suffixes change the meaning of the words.

 

Law­­­ –lawyer; debt-debtor; own-owner-ownership; property-proprietor-proprietorship; participate-participant; enterprise-entrepreneur; capital-capitalist; decide-decision-decisive; contribute-contribution; exist-existence; agree-agreement; profit-profitable-profitability; liable-liability; responsible-responsibility; mean-meaning; save-savings; success-successful; lose-loss; limited-unlimited; advantage-disadvantage.

 

Ex.5.Analyze the chart. Name the three legal forms of business shown in it and try to define their main characteristics.

 

LEGAL FORMS OF BUSINESS.

 

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Ex.3. Active or passive? Put in the correct verb form.| Reading and discussion.
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