пройти Self-test 1. Combine the right definitions:

1) proprietorship

2) unlimited liability

3)partnership

4)corporation

5)shareholders

6)board of directors

7)chief executive officer

- a) two companies combining to create a new company

b) a form of business organization with limited liability which is authorized by law to act as a private person •c) the officer of the company who is responsible for setting the policies of the company, under the direction of the board and supervising the officers who carry out those policies

d) business owned by single individual (also the most common form of business ownership)

e) a group that has the ultimate authority in guiding corporate affairs and in making general policy

f) a business arganization of two or more persons who are co-workers of the business

g) the situation that exista when the debts of a company can be attached to the owner

h) the people who can own a part of a corporation

2. Is it true or false?

1)the sole proprietorship is the easiest form of business to start, particularly with limited funds.

2)One of the major disadvantages of partnerships is that conflicts between the partners can develop.

3)Corporations account for about 72 per cent of all money taken in by business.

5) Corporations have unlimited life.

5)All corporations must report their financial condition to the public.

6)As a practical matter, it is the board of directors that has the ultimate authorities in guiding corporate affairs and making general policy.

7. the chief executive officer cannot also be the chairman of the board.

3. Multiple choice questions.

1)Which of the following is not one of the common forms of business:

a)corporations

b)sole proprietorship

c)franchises

d)partnerships

2)All of the following are disadvantades of the sole proprietorship exce

except…

a)unlimited liability

b)the (ifficulty most people have in - organizing them

c)high interest rates and the difficulty owners confront in borrowing money

d)limited life and heavy dependence upon a single person

o)the tendency to be small in size and profit

3. Sole proprietorshipa are least common among

a)manufacturers

b)retailers

c)professionals

d)service business

e)farmers

4.In practice, the ultimate authority in guiding corporate affairs rests with the

a)board of directors

b)chief executive officer

c)shareholders

d)company officers

У меня такая же тема была, вот пригодилось))
I like to travel. I do not understand people who are sitting at home, do not go anywhere. It's so fun to go to different cities or countries, to visit museums, to find new friends. Travel teaches us to be friendly and open. I can not say that we must always travel without coming home. Houses us are always waiting for friends, relatives. There is nothing dearer home. I travel a lot.I have visited with friends in many Russian cities. With parents and we went abroad. Most often I go to different cities in the competition for radiosports. With friends becomes more cheerful traveling. 
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Computer addicts are the minority of computer users but there is no doubt that more and more young people are computer literate. Computer studies is a subject in many schools and many young people have personal computers. About one in three hundred computer owners spend almost all their time using computers.Ninety six per cent of them are males of all ages. All of them spend an average of twenty hours per week on home computers. The majority of the adults also use computers at work. All the computer addicts are very intelligent. They have been interested in science and technology from a very early age and they are usually very shy people who like being alone.A survey in a school showed that fewer girls are interested in computers because girls are less likely to have a computer. Even if they have one, they use then less frequently than boys. Possibly it is because we think of computers as something to do with maths and science, which are traditionally 'male' subjects. Possibly it is because most of the computer teachers are men, who give the girls less attention. Possibly parents think it is less important for girls to have computer skills.Computer addicts are usually very shy people. Using computers gives them confidence. They love debugging and solving problems, develop programs and love learning programming languages. They learnt to communicate with other users through computer networks and the people they met in school and work think of them as experts who could help and advise when they had problems with their machines. A few spend their time 'hacking' and one addict left a message on a computer of Buckingham House. Very few computer addicts play computer games, but many people use a computer exclusively for games.Some parents worry about computer games because they think their children won't be able to communicate with real people in the real world. But parents do not need to worry. According to research computer addicts usually do well after they have left school. Parents also do not need to worry that computer addiction will make their children become unfriendly and unable to communicate with people.It is not the computer that makes them shy. In fact, what they know about computers improves their social lives. They become experts and others come to them for help and advice.For most children computer games are a craze. Like any other craze, such as skate-boarding, the craze is short-lived. It provides harmless fun and a chance to escape.If we didn't have these computer addicts, we wouldn't have modern technology. They are the inventors of tomorrow.