COMPANY LAW 2 PROFESSIONAL ENGLISH IN USE FOR FINANCE

 

PROFESSIONAL ENGLISH IN USE FOR FINANCE 6. COMPANY LAW 2

 

A Private and public companies Private companies usually have ‘Limited’ or ‘L.td’ at the end of their names. They are not allowed to sell their stocks or shares on an open market. Most companies are private; there are about one million provate companies in Britain, compared to around 2,000 B AGMs Public companies have to hold an Annual General Meeting (AGM), and most private ones do too. At this meeting the shareholders can question directors about the content of the Annual Report and the financial statements, vote to accept or reject the dividend   EXERCISES 6.1 Complete the table. look at A and B opposite to help you. 6.2 Find words in A and B opposite with the following meanings. 1 behaviour that breaks the law 2 sales revenue minus the cost of sales, before deductions for administration expenses, interest charges, etc. 6.3 Match the two parts of the sentences. Look at A and B opposite to help you. 1 Only quoted or listed companies 2 American corporations publish details

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