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| sole | единственный, исключительный |
| trader | торговец |
| partnership | партнерство, товарищество |
| limited liability | ограниченная ответственность |
| limited liability company | компания с ограниченной ответственностью |
| brand | отделение |
| solicitor | адвокат |
| estate | 1) недвижимое имущество 2) имение, поместье |
| estate agent | агент по купле-продаже недвижимого имущества |
| jobber | маклер, комиссионер |
| hairdresser | парикмахер |
| architect architecture | архитектор архитектура |
| stationery | канцелярские принадлежности, почтовая бумага |
| joint | объединенный, совместный |
| joint-stock company | акционерная компания |
| to divide | делить(ся) |
| stock exchange | фондовая биржа |
| public | публичный, государственный, общественный |
| incorporate | зарегистрировать как корпорацию |
Exercises
Answer the following questions.
1. What is the most common type of company in the UK?
2. Are all limited liability companies joint-stock companies?
3. What sector of economy do all these companies and sole traders belong to?
4. What other two sectors of economy does the figure show?
5. What can you say about the types of the following companies:
– «Fine Furniture Ltd.»;
– «General Foods plc».
Sum up what the text says about sole trader, partnerships, shareholders, private limited companies, public limited companies, branches of foreign companies.
Underline the suffixes in the following nouns.
| trader | architector | hairdresser |
| owner | jobber | manager |
| farmer | builder | lawyer |
| solicitor | foreigner | teacher |
| auditor | shareholder | worker |
Complete the following sentences.
1. Very often farmers work as...
2. It is quite common for solicitors to form...
3. The names of all the partners of the firm...
4. At the end... «Ltd.» is used.
5. At the end … «plc» is used.
Match the terms with their definitions.
1) limited liability company a) company incorporated outside Great Britain
2) joint-stock limited liability company b) company registered in Great Britain
3) public limited liability company c) company acting under the British law
4) private limited liability company d) company acting under its normal foreign name
5) «Ltd.»
6) «plc»
Sum up what the text says about sole trader, public limited companies, partnerships, private limited companies, shareholders, branches of foreign companies.
Give the information about the types of businesses in Russia.
Read and translate the text.
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