Answer the following questions using the active vocabulary of the text. Книга: edoc.bseu.by:8080/bitstream/edoc/72471/1/Reading_in_Business_English.pdf

Unit 2 Ст 13-21

1. What are the three traditional forms of business?
2. What is a sole proprietorship?
3. What is the owner of the company legally liable for?
4. How do any proprietors try to protect themselves?
5. Why may a sole proprietorship have difficulty in obtaining capital?
6. What is a partnership?
7. What are three types of partnerships?
8. What is a major advantage of partnership?
9. Are all of the partners subject to unlimited financial liabilities?
10. What is a major disadvantage of partnership?
11. How are limited companies created?
12. Who is represented by shares of stock in limited companies?
13. Do limited companies end with the death of owners?
14. Is it more expensive and complicated to establish corporations? Why?
15. What must a company send each shareholder?

lllviktorialll    3   24.04.2021 22:52    15