Agree or disagree with the following statements.
1) Holding company is a company that holds a control packet of shares in other companies.
2) Controlling interest is ownership of more than 50 per cent of a business.
3) If you have a controlling interest in a company, you own enough shares to be able to make decisions about what happens to the company.
4) Holding company controls the composition of the board of directors of the subsidiary company.
5) Goodwill is the favor or prestige that a business has acquired beyond the mere value of what it sells.
6) Holding company is an inefficient form of organization.
Translate the following questions from Russian into English and answer them.
1) Холдинг-компания — это компания, владеющая контрольным пакетом акций других компаний с целью осуществления контроля над их операциями?
2) Контрольный пакет акций — это доля акций, сосредоточенная в руках одного владельца и дающая возможность осуществлять фактический контроль над акционерным обществом?
3) Гуд-вилл — это условная стоимость деловых связей фирмы?
4) Гуд-вилл — это престиж торговых марок, опыт деловых связей, устойчивая клиентура, не так ли?
5) От чего зависит престиж компании?
6) От чего может пострадать репутация компании?
Complete the following statements
1) Holding company is…
2) …is called a pure holding company.
3) …is called a holding-operating company.
4) A holding company typically owns…
5) Minority ownership may … if…
6) A holding company provides…
7) The use of a holding company is…
8) A holding company is able to…
9) A holding company’s liability is limited to…
Scan through the text. Restore the word order in the questions that follow and answer them.
Bankruptcy
Bankruptcy — the status of a debtor who has been declared by judicial process to be unable to pay his debts. Although sometimes used indiscriminately to mean insolvency, the terms have distinct legal significance. Insolvency, as used in most legal systems, indicates the inability to meet debts. Bankruptcy, on the other hand, results from a legal adjudication that the debtor has filed a petition or that creditors have filed a petition against him. Bankruptcy laws were enacted to provide and govern an orderly and equitable liquidation of the estates of insolvent debtors. This purpose has remained an important aim of bankruptcy legislation since the Middle Ages. Because in the past bankruptcy was coupled with the loss of civil rights and imposition of penalties upon fraudulent debtors, the designation bankrupt came to be associated with dishonesty, casting a stigma on persons who were declared bankrupts. Eventually, however, bankruptcy legislation was extended to provide procedures for the adjustment of debts so as to avoid liquidation and for the rehabilitation of insolvent debtors. Modern bankruptcy laws include the salvage of an enterprise in financial difficulties. It has become the principal focus of bankruptcy legislation with particular concern for the maintenance of employment opportunities and the protection of members of the labour force.
|
|
|
1) What by the term “bankruptcy” is meant?
2) What insolvency indicate does?
3) What bankruptcy does result from?
4) What bankruptcy laws enacted to do were?
5) What was bankruptcy with in the past coupled?
6) What the designation bankrupt did come to be?
7) What bankruptcy legislation extended to do was?
8) What modern bankruptcy laws do include?
9) What the particular concern of bankruptcy legislation is?
Agree or disagree with the following statements.
1) Bankruptcy is the state of being unable to pay your debts.
2) Insolvency indicates the ability to meet debts.
3) Bankruptcy laws provide a disorderly liquidation of the estates of solvent debtors.
4) Bankruptcy laws govern a prejudicial liquidation of the estates of insolvent debtors.
5) Bankruptcy was linked with the loss of civil liberties.
6) Bankruptcy inflicted punishment upon fraudulent debtors.
7) Bankruptcy legislation may include settlement of debts.
8) The designation bankrupt was connected with unfairness.
9) Bankrupt is someone who has officially said that they cannot pay their debts.
|
|
|
10) Bankrupt is an insolvent person who has been adjudicated bankrupt by the court.
Дата добавления: 2018-05-02; просмотров: 458; Мы поможем в написании вашей работы! |
Мы поможем в написании ваших работ!