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Stopping by Woods on a Snowy Evening Whose woods these are I think I k now . His house is in the village though;    He

Stopping by Woods on a Snowy Evening Whose woods these are I think I k now . His house is in the village though;    He will not see me stopping here    To watch his woods fill up with s now.    My little horse must think it queer    To stop without a farmhouse near   

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Stopping by Woods on a Snowy Evening Whose woods these are I think I k now . His house is in the village though;    He

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  1. Stopping by Woods on a Snowy Evening Whose woods these are I think I know. His house is in the village though;    He will not see me stopping here    To watch his woods fill up with snow.    My little horse must think it queer    To stop without a farmhouse near    Between the woods and frozen lake    The darkest evening of the year.    He gives his harness bells a shake    To ask if there is some mistake.    The only other sound’s the sweep    Of easy wind and downy flake.    The woods are lovely, dark & deep.    But I have promises to keep,    And miles to go before I sleep,    And miles to go before I sleep. ROBERT FROST

  2. HOMEWORK check: • RB, p. 23, task V 1) sole trader 2) partnership 3) losses 4) liability 5) bankruptcy 6) corporations 7) creditors 8) shares 9) prospectus10) registered • Founding a company (RB p. 24) ↓ What have we learnt?

  3. Founding a company in the UK (RB p. 24) • Quiz • Describe the process

  4. One against 90 or so...

  5. One against 90 or so... • A government department which checks on new companies and people in them is called... • the Register of Companies • the Registrar of Companies • the Registar of Companies

  6. One against 90 or so... • A government department which checks on new companies and people in them is called... • the Register of Companies • the Registrarof Companies • the Registar of Companies

  7. One against 90 or so... • A document setting out in detail the name of the company, the type of business, the total share of capital and the kind of shares it will issue is called ... 1 the Articles of Association 2 the Memorandum of Association 3 a certificate of incorporation

  8. One against 90 or so... • A document setting out in detail the name of the company, the type of business, the total share of capital and the kind of shares it will issue is called ... 1 the Articles of Association 2 the Memorandum of Association 3 a certificate of incorporation

  9. One against 90 or so... People wishing to form a limited companymust work ____ the details of the business.1) up2) out3) by

  10. One against 90 or so... People wishing to form a limited companymust work out the details of the business. 1 up 2 out 3 by work out ≈ to plan or think of something

  11. One against 90 or so... If a British business wants to become a public limited company, it needs to publish 1 the Articles of Association 2 a Certificate of Incorporation 3 a prospectus

  12. One against 90 or so... If a British business wants to become a public limited company, it needs to publish 1 the Articles of Association 2 a Certificate of Incorporation 3 a prospectus

  13. One against 90 or so... Hire a lawyer who specialises ____ company law. 1 in 2 for 3 on

  14. One against 90 or so... Hire a lawyer who specialises in company law. 1 in 2 for 3 on

  15. One against 90 or so... To persuade is a synonym of 1 to coerce 2 to convince 3 to discourage

  16. One against 90 or so... To persuade is a synonym of • to coerce • to convince • to discourage Convince – make someone believe you Persuade – make someone do something by providing reasons Coerce – compel, to force sb. to do sth.

  17. One against 90 or so... The opposite of fraudulent is 1) honest 2) deceitful 3) sham

  18. One against 90 or so... The opposite of fraudulent is 1) honest 2) deceitful 3) sham Fraud = trickery, deception, scam

  19. One against 90 or so... To draw up a document is the same as to 1 draft a document 2 sign a document 3 show a document

  20. One against 90 or so... To draw up a document is the same as to 1 draft a document 2 sign a document 3 show a document

  21. One against 90 or so... In the phrase personal fortune, fortune is a synonym of 1 wealth 2 luck 3 fate

  22. One against 90 or so... In the phrase personal fortune, fortune is a synonym of 1 wealth 2 luck 3 fate

  23. One against 90 or so... Premises are 1 assurances, when you give your word 2 omens 3 a place where some business is done

  24. One against 90 or so... Premises are 1 assurances, when you give your word 2 omens 3 a place where some business is done (the building and land surrounding it)

  25. Reader, P 24 • What documents are required when forming a limited company? • What information should be provided in the documents? • What is the role of the Registrar of Companies? PAIRWORK: Describe the process shown in the illustration on p 24.

  26. Advantages of different types of business organisations in the UK Read your homework: (Pick any of the tasks. Colleagues identify which task it is. Is anything missing?). • Task 1: adv. of unincorporated businesses • Task 2: adv. of PLC over Ltd. • Task 3: adv. of incorporated businesses • Task 4: adv. of Ltd. over PLC • Pls, hand in your hw.

  27. An educational break!Check this out! • http://www.bbc.co.uk/schools/gcsebitesize/business/aims/limitedcompaniesrev_print.shtml

  28. PLC or public corporation? Public limited company • Owned by the general public • Controled by the chairman selected by the government • Very large • Capital raised by issuing stocks • Profits go to the government • Aim: to serve the public interest Public corporation Public corporation Public limited company Public corporation Public corporation

  29. Reader, p. 23, task IVPublic limited company≠Public corporation Compare in writing: Public limited company and Public corporation e.g. While a PLC is owned by the general public, a public corporation is owned by.... Try using: while, whereas, on the other hand, in contrast...

  30. LINKING WORDS: Additional information: and, furthermore, moreover, in addition to, next, then, besides Reason: because, because of, due to, owing to, as, since, therefore, that’s why Contrast: on the other hand, on the contrary, in contrast, although, yet, but, while, whereas Concession:(even)though, anyway, however, nevertheless, in any case, in spite of that, despite Purpose:in order to, so that Result/Consequence: consequently, as a result, therefore, so, thus Giving example: for example, for instance

  31. nationalization vs. privatization 1 F 2 E 3 A 4 C 5 B 6 D What is nationalization? What is privatization? Why privatize? Does it work? What’s the downside? → Reader, p 27 What is privatization, anyway? Skimto match questions to paragraphs HW: Read the whole text, answer the questions

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