Information Processing стр. 84 - 85

Выполнить упражнения стр. 86 - 87

Activity VIII. Role Play

(Legal Counseling стр. 87 – 88)

Подготовка к ролевой игре и разбор ситуаций. Студенты готовят материал консультации.

Задание подготовить все реплики.

Ролевая игра:

1. Attorney and Erik and Jane Owner. 2. Attorney and Linda Venture and Alice Scholar.

3. Attorney and John Boss (maybe + 1-2 shareholders).

Задание для презентаций

Presentation: Business Organizations in the UK and the USA

Activity IX. Hands-on Experience

Write a letter with the necessary information on business organizations in Russia.

Review Business organizations UK / USA

Questions

1. What is the oldest form of business in the UK?

2. What’s the most common form of business in the USA?

3. Who owns the business in partnership?

4. How are partnerships regulated by the government?

5. How is a limited partnership formed?

6. What does limited liability mean?

7. How many members are there in a private limited company?

8. Can shareholders be sued and charged?

9. Is there a limit to the total number of a public limited company members?

10. What rights does a general partner have?

11. How are profits distributed in a limited liability company? In a corporation?

12. What are the advantages a sole trader business? Sole proprietor?

13. What is a holding? What’s its role? What is a subsidiary?

14. What is a LLC?

15. What are the advantages of owning shares?

16. How are corporations created?

PART III

Тема: Incorporation and Registration

АЯЮ Part II, Unit 2 pp 92 – 105

Activity I. Vocabulary Development

(Core Vocabulary 1 p. 92-93)

Базовые слова и понятия, данные в этом списке, требуют предварительной отработки и пояснений.

Exercise I.

Match the following words 1 – 7 with proper definitions a - i. Use Core Vocabulary translation or a dictionary. The verbs 1 and 2 have two definitions each.

1. to file	a) to find out, check or confirm if a fact is correct or true
2. to apply	b) to record a name or details in a official list or with an authority
3. to issue	c) legal document giving official permission to do something
4. to obtain	d) to form and register a company as required by law
5. to get	e) to submit a legal document to the proper office for keeping among the records
6. to receive	f) be given something that naturally comes to you; be sent something (a letter, message etc.)
7. to register	g) (formal) to come into possession of something after taking efforts to do so.
8. to incorporate	h) permission granted by competent authority to exercise a certain privilege that, without such authorization, would constitute an illegal act
9. to verify	i) to bring out an official document (e.g. charter)
10. license	j) to make a formal usually written request for smth., or permission to do smth. (to a place; for smth)
11. permit	k) to come into possession of something; receive or obtain

NOTE: License – permit

A license is different from a permit. The terms license and permit are often used interchangeably, but generally, a permit describes a more temporary form of permission. For example, these can be seller’s or builder’s permits to perform a certain job for a specified period of time, and occupational licenses or business license.

Exercise II.

Complete the following statements with the words from the above given exercise

If you don’t have a ……. to sell these goods, you can’t start your business.

George and I have found some investors and we are starting a business. We are going to ………….. next week.

If you don’t …… this document carefully, you’ll never know it’s the original.

He tried hard to …… a permit to build an underground garage in this area but failed.

First you ….. the documents to the embassy, then they …... a visa within two or three days.

You’ll …….. all the necessary forms for registration by fax.

It’s not so easy to get a …… for the production of alcoholic beverages.

Can you tell me how to ……. the name of our company web site?

Sole proprietorships …… for a business permit at the local office.

Exercise III. Articles of Incorporation – charter - bylaws

• The Articles of Incorporation (sometimes also referred to as the Certificate of Incorporation or the Charter) are the primary rules governing the management of a corporation, and are filed with a state or other regulatory agency.

• Charter is a document issued by an authority in order to confirm the creation a public or private corporation and grant a corporation certain rights, powers, or functions.

• Bylaws are drafted by a corporation's founders or directors after they have been incorporated and under the authority of its Charter or Articles of Incorporation. Bylaws generally cover topics such as how directors are elected, how meetings of directors and shareholders are conducted, and what officers the organization will have and a description of their duties.

Answer the questions (copies closed)

What information do the Articles of Incorporation include?

Which document of incorporation is filed with and which one is issued with the authorized agency?

What is a charter issued for?

Who drafts the Bylaws?

When are the Bylaws drafted?

What matters do the Bylaws cover?