Comprehension Questions

1. Who can own a corporation?

2. Is a corporation necessarily larger than a sole proprietorship?

3. What are the advantages of the corporate form of ownership?

4. What can you say about the disadvantages of the corporate form of ownership?

5. Do the corporations issue stock to stockholder?

6. What kind of corporations usually don’t issue the stock?

7. What world-known corporations do you know?

8. What types of business usually take the corporate form of ownership?

Vocabulary Practice

Choose the necessary word and put it in the sentence:

Charitable, stock, resources, institution, investment, nonprofit, amount of capital, to establish.

1. What kind of … is better: buying stock or buying real estate?

2. To attract greater financial … the company issues the stock.

3. A university can be … corporation.

4. The partners didn’t put the same … into business.

5. The group of people from different countries is going to … a corporation.

6. The Red Cross is an international … organization.

7. I want to buy some … in IBM and General Motors.

8. An educational … usually reinvests all its money.

Grammar exercises

Exercise 1. Make the sentences negative.

Model: They have held a meeting.

They haven’t held a meeting.

1. The stockholders have elected the Board of Directors.

2. This corporation has issued the stock.

3. The Board of Directors has chosen the company officers.

4. This company has greatly expanded.

5. We have already applied for a corporate charter.

Exercise 2. Put up four 4 questions of 4 types (general, special, disjunctive, alternative) to each sentence.

Model: The stockholders have held the annual meeting.

Have the stockholders held the annual meeting?

What have the stockholders done?

The stockholders have held the annual meeting, haven’t they?

Have the stockholders held a meeting or a conference?

1. The partners have applied for a corporate charter.

2. The stockholders have voted at the annual meeting.

3. The company has issued the additional stock.

4. They have invested all their money in this company.

Executive’s Functions

<== попередня сторінка	\|	наступна сторінка ==>
	\|	Merchandise, currency, commercial, foreign exchange, to finance, to supervise, to charter.

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