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Exercise 3

Listen to the following conversation between H.G., Peter and Ian. All the remarks are mixed up. Put them in the order they appear in the Unit. Supply the remarks with the names of their authors.

A …

Well, you win. We keep Hardiman on for three more years. But, Peter, I shall expect you to use your undoubted ingenuity in making full use of him.

B …

No, that would be a very dangerous precedent. No, no. I won't consider that. Ian, this is your scheme, I'm sure.

C …

Of course, sir.

D …

You don't think we could pay the remaining pension out of the company's profits?

E …

Mine, H.G.?

1.

2.

3.

4.

5.

Exercise 4

Act as an interpreter.

Ian:

Well done, Peter.

Питер:

Неплохо. Мы помогли старику Хардиману остаться на фирме. Но меня сейчас беспокоит кое-что другое.

Ian:

What's that?

Питер:

Вы слышали последнюю новость? Старик Амброуз Харпер серьезно болен. Если с ним что-нибудь случится, наша компания окажется в тяжелом положении.

Ian:

Wouldn't Grant take over as Chairman?

Питер:

Я думаю не о том, кто станет следующим председателем правления. Я думаю об акциях нашей компании, которыми владеет Амброуз Харпер.

Ian:

What percentage does he hold?

Питер:

Думаю, около 50%. Отец Гранта владел остальными 50%, но после его смерти акции были разделены поровну между его тремя детьми.

Ian:

What'll happen to Ambrose Harper's shares?

Питер:

Думаю, они достанутся его сестре. Она единственная из его оставшихся в живых родственников.

Ian:

She wouldn't be able to sell them, would she?

Питер:

Я полагаю, их прежде должны будут предложить через нашу фирму другим акционерам. Но сможет ли фирма купить их? Если нет, и если они попадут в руки фирмы, стремящейся завладеть нашей компанией, мы попадем в беду.

Exercise 5

Match the phrases on the left with an appropriate explanation on the right. Fill in the grid below.

1.

pension

A

management of money or property for someone; organization which supervises the financial affairs

2.

pension scheme

B

to become entitled to a pension, to have fulfilled the necessary conditions, and to have the right to receive a pension

3.

fund

C

in this case weekly or monthly payments into the Trust Fund by employer and employee

4.

a trust

D

one of many equal parts into which a company’s capital is divided

5.

articles (of the Pension Fund Trust)

E

to receive some asset, usually money, to balance some loss

6.

contribution

F

account into which money is paid for some purpose

7.

to qualify for a pension

G

unnecessary (about an employee’s job), leading to dismissal, premature retirement or transfer to another department

8.

to be compensated

H

annual income which an employee receives during retirement

9.

share

I

basic salary without commission or extra payment for special work, overtime, etc.

10.

redundant

J

legally registered rules of the Trust, which deal with the qualifications for membership and a full pension

11.

a deed

K

the money is paid by the company and the employee into a fund during the latter’s working life, so that the employee can receive a continuing income from the fund, after he has retired from the company

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

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