4. A) Translate underlined words and phrases in the text b)Make sentences with these words and phrases.

5. Make a table about types and forms of business

Type\Form of business	Definition and description
Sole proprietorship	…………………………………

6. Translate the following sentences:

1. Владельцы генеральных товариществ несут ответственность по долгам и участвуют в распределении прибыли. 2. Владельцы товариществ с ограниченной ответственностью делают ограниченные инвестиции и несут ограниченную ответственность. 3. Акционеры обычных корпораций мало интересуются вопросами управления корпорации. 4. Акционеры различных корпораций обычно имеют сертификаты, где указано количество акций, которые они имеют. 5. Большинство корпораций - это корпорации закрытого типа с небольшим числом акционеров. 6. Корпорации должны получить регистрационные документы от властей штата. 7. Корпорации должны получить сертификат (лицензию) в том штате, где они хотят функционировать.

7. Mind the difference and insert the right word: company, firm,

enterprise.

1. company - a group of people combined together for business, trade, artistic purposes, etc.; note the use of the preposition "for" e.g. to work for a steel company.

2. firm - (two or more) persons carrying on a business; note that "firm" is preferable to "company" in any style when followed by «of».

3. enterprise - undertaking, esp. one that needs courage or that offers difficulty; carrying on of enterprises, e.g. private enterprise versus government control of commerce and industry. Enterprise is not widely used in the sense of a business organization.

1. When she left school she got a job with a publishing ... .2. This ... produces a wide range of high-quality leather goods. 3. The ... he works for is closing two of its factories so he may be made redundant soon. 4. The famous English conductor and producer Sir Thomas Beecham showed great ... in inviting the Russian opera to London for the first time in 1913 and renting Drury Lane Theatre for the season because his associates at Covent Garden did not think that such a tour would be successful. 5. The Baltic Shipping ... was established in 1922. 6. They offered the contract to a local building .... 7. The actors are English but the film was made by an American film .... 8. Her husband works for a civil engineering ... in Bristol. 9. A mixed economy is one with a combination of nationalization and private ... . 10. "Twinings" is a famous English ... of tea merchants.

8. Render the text.

9. Project work.Look at the chart and with its help compare the types of business in the uk and the usa. Choose one type and tell about your own business according to one of them.

Great Britain	the USA
sole traders	individual businesses
partnerships	general and limited partnerships
public/private limited liability companies	corporations (closed and ordinary)
branches of foreign companies charter, statutes, memorandum, delivered by the company and certificate of incorporation, issued by the Register	alien corporations charter and certificate issued by the state authorities