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Образование Company
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Companies

Company A companyis a legally recognized organization that makes, buys and sells goods or provides services for a profit.

Once a company is registered under the Companies Act it must comply with the act and it becomes a separate legal entity.This means that it has its own legal existence, separate from that of the owners. A new company is like an empty box. There is nothing in it at first and anything that goes into it must go out again at some time. A company is not the owner - it is a separate entity. If the owners or shareholders put money into the company the company has a legal obligation to pay it back.

The owner puts money into the company.

The company has an obligation to pay money back to the owner

Proprietorship or Owner's Equity

Proprietorship Proprietorshipis the amount of the owner's interest or investment in the business."

When an owner or a group of owners want to start a business they often use some of their own money to do this. This money is called Proprietorship. Proprietorshipcan also be called Owner's Equity or Stockholder's Equity.As

mentioned above this money must be paid back to the owners one day. It is money the company owes to the owners. Owners can also contribute other assets such as vehicles, buildings and land to the company

Assets

Assets Assets represent everything of value that a business owns

In order to know how well an organization is doing financially, accountants examine the value of the things it owns. Even though a company may not have much cash, it may still be a strong business if it owns a lot of things that can be sold for money.


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  • - Company Date

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  • - Company Law

    The Law of Contract A contract is an agreement between two or more parties, which is enforceable in law. A valid business contract, for instance, must involve an offer to supply goods or services, consideration (the price to be paid) and acceptance by the purchaser. The offer may be revoked at any time before acceptance but this must be communicated to the purchaser. Acceptance of an offer must mean agreement entirely with the terms of the offer, and the terms must be sufficiently... [читать подробенее]


  • - R.: Oh, my father told us about new heating systems made by this company. They use clean and safe technology.

    R.: Certainly. It is well known for its electronics. Scientists expect that 5. to take measures to safeguard Therefore, it is necessary 4. is evident to all. natural resources and the envi­ronment on a global scale. 6. Large-scale experiments in 6. is that air and water pollution this area is reaching very large propor­ tions. Exercise 3.Read and learn. Rita: Did you have a nice weekend? Mary: Yes, I did. I was tired of watching television, going to parties, to... [читать подробенее]


  • - Ex.4. Read descriptions of different companies. Choose one of the nouns below to describe each company.

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  • - Ex.3. Match these well-known company names with their activities. Use these words in sentences to describe what different companies do.

    Ex.2. Fill in the blanks with the correct noun or verb from the above table. Ex.1. Fill in the tables below with the different word forms. A Describing companies IN COMPANY BUSINESS COMMUNICATION Verb (describing an activity) Noun (for the company that is involved in this activity) Noun (for the activity or sector that a company is involved in) to manufacture Manufacturer manufacture/manufacturing   producer   ... [читать подробенее]


  • - Ex.12. Read the text and complete the organizational chart of the company.

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  • - Limited Liability Company (LLC)

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  • - Fire Company and Company Officer

    Ranks In the United States helmet colors often denote a firefighter's rank or position. In general, white helmets denote chief officers, while red helmets denote company officers, but the specific meaning of a helmet's color or style varies from region to region and department to department. The rank of an officer in the U.S. fire service is most commonly denoted by one (lieutenant) to five (fire chief) bugles. In contrast, most fire brigades in Commonwealth countries have a more... [читать подробенее]


  • - Company officer

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  • - COMPANY LAW

    business structure организационно-правовая форма ведения бизнеса legal person / artificial person / juristic person / juridical person / legal entity юридическое лицо individual / natural person / physical person / private person физическое лицо absorb поглощать acquire приобретать allotment of new shares выпуск новых акций annual general meeting (Am. annual meeting... [читать подробенее]