Replace underlined expressions with appropriate variants

Read the sentences replacing expressions in bold with their synonyms.

Sharekeepers.

Correct the words in bold.

1. Soul perpetrator manages and controls the affairs of the business, bears its

risks and losses, and takes the profits and benefits.

2. Authorizing share capital can be changed later with shareholders' approval.

3. It was a slow inquisition of the controlling interest in a business by inquiring

its shares in the stock market over a period of time.

4. Being severely liable means that you agree to certain obligations individually,

but do not share responsibility for the obligations of other members.

5. The purpose of keeping records is to provide a record of the organization's

actions, for absent members and future reference.

6. The company secretary is to see that the statutory conditions regarding the

allocation of shares are fulfilled.

7. A hostel takeover involves the acquired company buying stock directly from

8. If a company changes its registry address, Companies House must be

immediately notified by the submission of the appropriate forms.

9. Sheet balance shows what asset and liabilities a company has, and how the

business is funded.

10. Merger is the absorbency of a lesser business into a greater one.

1. Some shareholders are unhappy with the running of business.

2. This matter needs considering by extraordinary general meeting.

3. Loan capital may be obtained from a bank or finance company as long-term

loans.

4. In contrast to a balance sheet, an income statement reflects what happened over

a month, quarter, or year.

5. Ordinary share provides voting rights, and entitles the holder to a share of the

company's success through dividends.

6. Stockholders have 21 days in which to exercise their pre-emption rights.

7. The case involves liquidation fraud, where a company voluntary goes into

liquidation to avoid its responsibilities.

8. Holders of preference share receive dividends at a fixed annual rate.

9. Memorandum of association governs the relationship between the company

and the outside.

10. The articles of association form a part of the constitution of an organization

and set out the rights and duties of directors and shareholders.

1. Every PLC must have at least two stockholders, two directors and a high-ranked

person whose responsibilities involve accounting and finance, administrative and

legal matters.

2. The maximum amount of shares that the company can issue is set out by the

memorandum of association.

3. Existing stockholders have the opportunity to buy newly issued shares in the

first place.

4. A merger is the acquiring of the majority or the entirety of the stocks of the

company which is aimed at.

5. A company’s state of health is reflected in the statement of the financial position

of a company at a specific time.

6. If a shareholder is unable to attend the AGM, they can appoint a person to attend

and vote at the meeting at their place.

7. The acquiring company is gaining control of another company by purchasing

substantially all things that the target company owns.

8. He is a shareholder and receives fixed dividends irrespective of business’s

profitability.

9. Although she is a partner and has a share in the business, she does not work in it.

10. About 1 000 employees have been fired as a result of a combination of two

banks in which the assets and liabilities of the target bank were absorbed by the

buying bank.

Дата добавления: 2014-12-27