bylaws юридические положения для предприятий
I need some legal advice мне нужен юридический совет
to incorporate соединяться, объединяться
to invest вкладывать деньги
to expand расширяться (о производстве)
to follow a legal procedure следовать юридической процедуре
to apply for a corporate charter подавать заявление на корпоративный патент
to issue and sell stock выпускать и продавать акции
in exchange for investment взамен на вложенный
capital капитал
stockholder, shareholder акционер, держатель акций
to hold a meeting проводить собрание
to eject a board of directors проводить собрание директоров
to choose the company's выбирать административных
officers исполнителей компании
to have a final authority иметь решающее слово
to supervise daily осуществлять ежедневное
management руководство
to vote голосовать
annual meeting ежегодное собрание
to have limited liability иметь неограниченную юридическую ответственность
to own property владеть собственностью
to sue возбуждать судебное дело
to be sued подвергаться судебному разбирательству
Vocabulary Exercises
Exercise 1. Transform the sentences according to the model.
Model: We are the company officers.
We supervise daily management.
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We, as the company officers, supervise daily management.
1. My friends are the stockholders of IBM corporation. They hold annual meetings.
2. These businessmen are the organizers of this corporation. To issue and sell stock in exchange for investment capital.
3. A corporation is the owner of the property. It has limited liability.
4. Dick is a manager. He wants to form a corporation.
5. A corporate charter is a certificate of incorporation. A charter is granted by a state officer.
6. The stockholders are the owner of the corporation. They have final authority in management of the company.
7. The owners of the corporation are the stockholders. The owners of the corporation must vote.
Exercise 2. Transform the sentences according to the model.
Model: We organized our corporation a year ago (to invest much money).
We have been investing much money since we organized our company.
1. They became company officers (to supervise daily management).
2. My friend bought the stock of the company five years ago (to make money).
3. They received the corporate charter a month ago (to plan a meeting).
4. We advertised the application last week (wait for reply).
5. He became a member of the Board of Directors (work hard).
6. We elected a new Board of Directors last month (plan change).