Translate the following text into English: Write one sentence with each verb, using the phrases from the text: to be sued to oversee to incorporate to comply with to elect to require to monitor to tax to withhold to charter.Ħ. Major policy decisions must be made by resolution of the Board.ĥ. A corporation's liability for damages or debts must be limited to its assets.Ħ. Incorporating may result in higher overall taxes.ĥ. Corporations may have more paperwork to comply with regulations.Ĥ. Officers can be held personally liable for their actions.ģ. Make the sentences active or passive, if possible.Ģ. Translate the following sentences define the meaning of the modal verbs. The shareholders of a corporation hold an election to choose people who have been nominated to direct or manage the corporation as a board.Ĥ. Shareholders can only be held accountable for their investment in stock of the company.Ħ. Corporations are monitored by federal, state and some local agencies.ĥ. Corporations can raise additional funds through the sale of stock.Ĥ.
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The owners of a corporation are its shareholders.Ģ. Translate the sentences, define the tense form of the predicate and compose special questions.ġ. entire compulsory contribution to state revenue, levied by the government on workers' income and business profits ģ. the unbroken and consistent existence or operation of something over a period of time ĩ. an agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable benefit Ĩ. a group of people comprising the governing body of a corporation ħ. the capital raised by a business or corporation through the issue and subscription of shares Ħ.
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a general term for any institution, company, corporation, partnership, government agency, university, or any other organization which is distinguished from individuals ĥ. establishment of a firm, formation of a company ģ. being the only one of its kind unlike anything else Ģ. What are the disadvantages of corporations?ġ. What are the advantages of corporations?ħ.
Who oversees the major policies and decisions?Ħ. What is necessary to form a corporation?ĥ. Why is a corporation considered to be unique?Ĥ.