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Business Correspondence




Read the text

Write out the advantages and disadvantages of each business form. Can you add any points of your own?

Give detailed answers to the following questions.

Agree or disagree with the following statements. Give your argriments.

1. A company makes or sells goods or services in order to get profit. 2. A proprietor is an owner of a business. 3. A partnership is a business owned by two or more partners who share the profits and losses. 4. Partners share the profits and losses according to the number of stocks they possess. 5. It's easier to make more money if you are a sole proprietor rather than a member of a partnership. 6. Stock-holders' shares of ownership depend on their investment or contribution. 7. Stock certificates show shares of ownership of stockholders. 8. A corporation has more opportunities for attracting experts. 9. Anyone can buy shares of a private limited company.


Задание 9.

1.What is meant by the term "company"? 2. What forms do business enterprises usually take? 3. What is meant by the term "individual proprietorship"? 4. What is a sole proprietor responsible for? 5. What kind of a businessman does the sole proprietorship suit? 6. Why may a sole proprietor decide to form a partnership?
7. What is the difference between a partnership and a sole proprietorship? 8. What advantages are common both to sole proprietorships and partnerships? 9. What are the peculiarities of a corporation? 10. What is represented by a stock-certificate?
11. Who is a stock-holder? 12. What makes a corporation different from a sole proprietorship and a partnership? 13. What is the difference between public and private limited companies?

Задание 10.

Вариант № 3

Business transactions usually start with inquiries. As a rule, the prospective Buyer gets the name and address of the prospective Seller either at an exhibition, from an advertisement, on a television or radio commercial. All these channels of information and advertising are very important. Inquiries can be sent by mail, by telex or by fax. Sometimes inquires can be made orally, by phone.

In the inquiry the prospective Buyer states in what goods exactly he is interested and asks for the details of the price and terms of sale.

When a Buyer wants to know at what price and on what terms he could buy the goods required by him, he usually sends out inquires to firms, companies and organisations manufacturing such goods or dealing with them. Often the Buyer asks the Seller to enclose with the offer illustrated catalogues, price-lists or other publications and, if it is possible, samples or patterns of the goods he is interested in. When asking the Seller to send him a quotation or to make him an offer, the Buyer gives a detailed description of the goods required by him.

After considering the inquiry for some time the prospective Seller sends an offer in reply. The offer expresses the wish of the Seller to sell the goods. But it's not a legal document and the Seller may for this or that reason decide not to sell. The offer is only the first step in a contract. The offer usually quotes the price and stipulates terms of delivery and some other necessary details.

The Sellers may offer their goods to their regular customers or to those who may be interested in them without waiting for an inquiry. These are voluntary or free offers. They were formally called "without obligation (or engagement)". This kind of offer does not bind the Seller and therefore may be made to several potential Buyers.

Then there are firm offers (binding or with obligation or engagement). A firm offer is made by the Seller to the potential Buyer only and usually indicates the time during which it will remain open for acceptance. If the Buyer accepts the offer in full within the stipulated time, he is obliged to buy the goods at the price and on the terms stated in the offer. The Sellers have the rights to withdraw a firm offer at any time before it has been accepted.

There are also some other types of business letters (claims for instance, etc.).

 

Задание 1.




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