Английский (JOINT VENTURE)

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1. Прочитайте текст и ответьте на следующие вопросы:
1. When does a joint venture become a juridical person?
2. What do the foundation documents include?
3. What is the authorized fund formed from?

JOINT VENTURE
I. Russian enterprises have a right to set up joint ventures on Russian territory with foreign firms. A joint venture can be created between any number of foreign and Russian enterprises. A joint venture has limited liability. It should be self- -supporting and self-financing. Joint ventures offer foreign investors direct access to the Russian market. It may be set up in any branch of Russian economy: agriculture, industry, trade, construction, service industry, etc.
II. The main features of interest to the Russian participant are: to satisfy the requirements for the domestic markets; to attract foreign technology and foreign management experience; to improve the export base of Russia and reduce irrational imports by means of import substitution.
III. If the parties want to form a partnership, a Protocol of Intent is normally signed. A joint venture becomes a juridical person after it has been registered with the Ministry of Finance. The foundation docu¬ments and the Feasibility Study are the most important documents for the application procedure. The foundation documents include the Agreement between the partners on the establishment of a joint venture and the, Charter or Statute of a joint venture. These documents outline the legal sta¬tus of a joint venture, the funds raised, Management and Personnel and some other provisions. The feasibility Study is jointly prepared by the partners involved. It covers the objective of the company, the working capital¬, the product to be manufactured, the marketing possibilities, the technical back-up of a project.
IV. Only after the registration the company may open a bank account¬ and conclude agreements and contracts in its own name. A joint venture must be managed by a Board of Directors rep¬resented by the Russian and foreign participant.
V. The authorized fund is formed from initial contributions made by the Parties and may be supplemented from the profits of a joint venture. Contributions to this fund may be made in cash or in kind. A joint venture is obliged to establish a reserve fund of
25 per cent of the value of the authorized fund. It is formed by way of annual deductions from the profits of a joint venture. Contribu¬tions to this fund are tax-free. All the other funds created by a joint venture are taxed.
VI. A joint venture is a legal person. It may sue and be sued. A joint venture may be liquidated if its activities are inconsistent with the objects defined by the foundation documents.

2. Перепишите и переведите в письменной форме абзацы I, III, VI.
3. Найдите в тексте и выпишите глаголы в пассивном залоге и определите их видо-временную форму.
Например: is prepared – Present Indefinite Passive Voice.

4. Заполните пропуски соответствующей активной или пассивной формой глагола и переведите предложения на русский язык:
1. This program (watch) by millions of people. 2. The documents (send) to you tomorrow. 3. Now computers can (buy) anywhere, and almost everyone can (use) them. 4. The roof of the building (damage) in the storm a few days ago. 5. While I was in the shop, my car (disappear).

5. Поставьте глагол-сказуемое предложения в Past Indefinite, употребляя модальные глаголы can, may, must и их эквиваленты и переведите эти предложения на русский язык:
1. A joint venture can become a juridical person after it has been registered with the Ministry of Finance.
2. A joint venture must establish a reserve fund of

Additional information

5. Поставьте глагол-сказуемое предложения в Past Indefinite, употребляя модальные глаголы can, may, must и их эквиваленты и переведите эти предложения на русский язык:
1. A joint venture can become a juridical person after it has been registered with the Ministry of Finance.
2. A joint venture must establish a reserve fund of 25 per cent of the value of the authorized fund.
3. Only after the registration the company may open a bank account and conclude agreements and contracts in its own name.

6. Выпишите из текста все Participle I, II, определите их функцию и переведите на русский язык.

7. Выпишите из текста все предложения с инфинитивами, определите их функцию в предложении и переведите эти предложения на русский язык.

8. Переведите предложения на русский язык, обращая внимание на инфинитивные обороты:
1. He seems to know a great deal about the history of navigation. 2. The computer is said to be able to do computation in milliseconds. 3. I tried to make him understand that his behavior was not good.

9. Прочитайте следующие пары предложений и выпишите из них то, которое соответствует содержанию текста:
1. A joint venture can be created between…
a) any number of foreign and Russian enterprises, b) a limited number of foreign and Russian enterprises.
2. A joint venture should be…
a) only self-supporting, b) self-financing and self-supporting.
3. A joint venture becomes a juridical person…
a) after it has been registered with the Ministry of Finance, b) after a Protocol of Intent has been signed.
4. The company may open a bank account…
a) before or after the registration, b) only after the registration.
5. The foundation documents include…
a)the Charter or Statute of a joint venture, b) the Agreement between the partners on the establishment of a joint venture and the Charter or Statute of a joint venture.
6. a) The Feasibility Study is the most important document for the application procedure.
b) The foundation documents and the Feasibility Study are the
most important documents for the application procedure.
7. The Feasibility Study covers…
a) the objective of the company and the working capital, b) the object-tive of the company, the working capital¬, the product to be manufac-tured, the marketing possibilities, the technical back-up of a project.

10. Расположите пункты плана в том порядке, в котором требует содержание текста:
1. The foundation documents.
2. The rights and obligations of a joint venture.
3. The main features of a joint venture.

11. Кратко изложите основное содержание текста, используя пункты плана задания № 10 и следующие выражения:
1. The headline of the text is…2. The text is about…3. It can be divided into…parts. 4. In the first part it is said about…5. The next part tells us about…6. Much attention is paid to…7. It should be noted that…8. From the text we come to know…

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