X. Match the synonyms

enterprise, decision, acquire, business, obtain, need, event, proprietor, case, owner, responsible, solution, liable, require.

XI. Match the antonyms

strength, profit, success, security, weakness, amount, failure, quantity, danger, loss.

XII. Make up antonyms of the words given using proper prefixes

advantage, limited, able, employment, important, compared, personal, capable.

XIII. Translate these word combinations from Russian into English

эффективно руководить фирмой, единственный человек, принимающий решение, консультироваться с коллегами, необычайно гибкий, изменение рыночных условий, огромный недостаток, лично ответственный за, неограниченная ответственность, удовлетворить требования кредиторов.

XIV. Make up sentences using the following words

1. are, control, and, in, ownership, person, one, vested.

2. organization, of, is, this, flexible, type, extremely.

3. risk, all, at, possessions, his, personal, are.

4. as, the, often, referred, is, business, it, to, one-person.

5. relatively, joint stock company, is, compared, unimportant, it, the, with.

XV. Fill in the blanks with prepositions

1. The different types ... business organisation to be found ... the UK may be classified ... five headings.

2. This is the simplest form ... business enterprise and is often referred ... as the one-person business.

3. He is solely responsible... the success... the business.

4. The strength ... this type ... firm lies ... the direct personal interest ... the proprietor in the efficiency... his business.

5. The owner is personally liable ... the debts incurred ... his firm.

6. All his personal possessions are ... risk.

7. Another disadvantage ... the type of firm is the strict limitation ... its ability to acquire capital ... expansion.

8. Finance is restricted ... the amounts which the entrepreneur is able to provide ... his own resources and whatever sums he can borrow ... his own security.

XVI. Put questions to the words in italics

1. The different types of business organisation may be classified under five headings.

2. The owner is personally liable for the debts incurred by his firm.

3. The one-person business is prevalent in farming, retailing, repair and maintenance work.

4. A single person provides the capital, takes the deci­sions, and assumes the risks.

5. The oldest form of business enterprise is often referred to as the one-person business.

XVII. Put the verbs in brackets into the correct form

1. The different types of business organization ... (to find) in the UK may ... (to classify) under five headings.

2. The one-person business ... (to be) still far more numerous than any other type of business organisation.

3. Ownership and control ... (to vest) in one person who ... (to enjoy) all the fruits of success.

4. He ... (to have) no need ... (to consult) collegues when changes of policy ... (to require).

5. We should ... (to expect) this type of organisation ... (to be) extremely flexible.

6. All his personal possessions may ... (to seize) ... (to meet) creditors' demand.

7. Finance ... (to restrict) to the amounts which the entrepreneur is able ... (to provide) from his own resources and whatever sums he can ... (to borrow) on his own security.