incorporation , ,
a certificate of incor- -
poration
incorporated
registrar ,
to certify
certified
charter
statute(s)
hereby ,
fee
deed stamp
stamp duty
liable for... ...
to profit
stockholder
at will
state authorities (Am.) (.)
state authorities (E) (.)
taxation
takeover
to take over
merger
to merge
amalgamation
absorption ,
controlling interest
to acquire
to make a direct -
approach to smb. -
to draw up
insider
the companies involved
II. Answer the following questions:
1. What is a takeover?
2. What abuses do takeovers often involve?
3. What organization in the U.K. take care to prevent such abuses?
4. How are takeovers regulated?
5. In what way are mergers different from takeovers?
6. What other forms of companies in the USA, combining their capital are mentioned in the text?
7. Which of the six forms are the most popular?
III. Sum up what the text says about:
individual businesses
general partnerships
limited partnerships
corporations
alien corporations
foreign corporations
charters and certificates
IV. Translate into English:
1. .
2. .
3. .
4. , , .
5. .
6. .
7. () , .
8. , .
9. , 51% .
10. , .
11. , .
12. .
V. Translate into Russian:
general partnership, to be liable for debts, to share in profits
limited partnership, to have a limited investment, to have a limited liability
corporation, closed corporation, stockholders, certificates showing the number of shares they own, stockholders of ordinary corporations, to buy and sell shares at will, stockholders of ordinary corporations, have little interest in management of corporations, alien corporations are corporations of foreign countries.
VI. Complete the following sentences from the text and translate them into Russian:
1. One such abuse is...
2. Another abuse is...
3. With a merger, the two companies involved...
4. They try to make a certain agreement...
VII. Substitute the attributive clauses by participial constructions (Participle II).
Example:
