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4. Complete the sentences below with the Present Simple, Present Progressive and Present Perfect forms of the verbs in brackets.

  1. The vice president usually (to set) objectives for the staff.

  2. Don't disturb me, please, I (to work) with annual report.

  3. This firm often (to advertise) in different newspapers and magazines.

  4. We advertised in the special section of the newspaper but we (not to receive) the resumes yet.

  5. We (to evaluate) already the candidates through the interview.

  6. We (to look for) a specialist suitable for the position at the present moment.

  7. He (to sent) just his resume and the Setter of interest.

  8. They (to fire) the manager. He was not suitable for the position.

  9. You have to wait a little. He (to consult)with the executive.

Грамматические функции и значения слов that, it, one.

1. Discuss the questions.

1.What do you want to be busy with?

2.Do you want to go into business alone or with a partner?

3.With what partner do tou get well?

2. Read the text. Partnerships

A partnership is an association of two or more persons to carry on a business for profit, When the owners of the partnership have unlimited liability they are called general partners. If partners have limited liability they are "limited partners". There may be a silent partner as well - a person who is known to the public as a member of the firm but without authority in management. The reverse of the silent partner is the secret partner - a person who takes part in management but who is not known to the public.

Any business may have the form of the partnership, for example, in such professional fields as medicine, law, accounting, insurance and stockbrokerage. Limited partnerships are a common/form of ownership in real estate, oil prospecting, quarrying industries, etc.

Partnerships have more advantages than sole proprietorships if one needs a big capital or diversified management. Like sole proprietorship they are easy to form and often get tax benefits from the government.

Partnerships have certain disadvantages, too. One is unlimited liability. It means that each partner is responsible for all debts and is legally responsible for the whole business. Another disadvantage is that partners may disagree with each other.

3. Answer the questions.

  1. What is the difference between a general partnership and a limited partnership?

  2. Is there any difference between a silent partner and a secret partner? What is this difference?

  3. In what professional filds are the partnerships found?

  4. In what businesses is the partnership a common form?

  5. What are the advantages of a partnership?

  6. Discuss the disadvantages of a partnership. Would you prefer partnership or sole proprietorship for business? Give your reasons.

4. Match the necessary word to the sentence.

1. Partnership very often receive...

from the government.

1 secret partner

2. Limited partnership is a common

form of ownership in...

2 unlimited

liability

3. Partnerships have many..., one is that

they receive tax benefits from the

government.

3 real estate

4. ...are the partners with unlimited

liability.

4 general partner

5. ...has the authority in management but he is not known to public.

5 advantage

6. A secret partner takes part in...

6 profit

7. General partners have...

7 capital

8. One advantage of a partnership is that it offers a multiple source of...

8 management

9. A partnership can bring much...

to the partners.

9 tax benefits