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1、剑桥商务英语中级模拟17READINGPARTONE•Lookatthesentencesbelowandthefollowingintroductionaboutthetypesofownership・•Whichtypeofownershipdoeseachsentence1—7referto?•Foreachsentence1—7,markoneletter(A,B,CorD・onyourAnswerSheet.•Youwillneedtousesomeofthelettersmoretha
2、nonce・APartnershipsOnthewhole,thisisnotapopularformofbusinessorganization,butitisoftenusedbypeopleintheprofessions,likedoctors,dentistsorlawyers,toexpandtheirbusiness・Greaterefficiencyispossiblebecausepeopleinthissortofassociationcanspendtheirtimedoin
3、gwhattheyarebestat•Ifonepersonissick,thentheremainingpartner(s)cancarryonthework.Themaindisadvantageisthatevenwiththisformofownership,theamountofmoneyavailabletothebusinessmaybelimited.Ifpeoplequarrelordisagreeoverdecisionmakingtherecanbeproblemsandse
4、riousdelays•BPublic(Pic)CompaniesThesearethelargestbusinessesintheprivatesector.Thereisnolimittothenumberofpeopleholdingsharesinitandmanyofthelargercompanieshavetheirshareslistedonthestockexchange.Theadvantageofbigbusinesseslikethisisthattheyfinditeas
5、iertoraisemoneyasbanksconsiderthema1goodrisk1.Therearestrictlawsgoverningthesetting-upofthiskindofbusinessandeachyearthecompanyhastopublishitsaccounts.Thelargersuchbusinessesgrow,themoredifficultitistocontrolthem.Workersinsuchbusinessesmayfeelthatmana
6、gementdoesn1tunderstandtheirproblems.cPrivate(Ltd)CompaniesSuchbusinessesarenetallowedtosellsharestothepublic•Theymustconsistofatleasttwomembers,butthereisnoupperlimittothenumberswhoownthecompany.Thelargersizemakesitpossibleforsuchcompaniestoborrowmor
7、emoneyfromthebanksorfromissuingadditionalsharestoitsmembers.Theadvantageisthatsuchabusinessisabletoofferitsmemberslimitedliability(responsibility)fordebtsandlosses•ManycompaniesofthistypeexistinEngland,EuropeandtheU.S.DSoleProprietorshipsSoleproprieto
8、rships,themostcommonbusinessform,consistofonepersondoingbusinesswithnolegalcharter.Whiletheyoffertheownergreatfreedomandareeasytoform,theyalsopresentgravefinancialrisks.Generalpartnershipsaremerelyproprietorshipswithmultipleewers.Thereisnolimi
