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•Look at the statements below and the following introduction about the types of ownership. •Which type of ownership (A, B or
•Look at the statements below and the following introduction about the types of ownership. •Which type of ownership (A, B or
admin
2010-01-22
36
问题
•Look at the statements below and the following introduction about the types of ownership.
•Which type of ownership (A, B or C) does each statement (1-7) refer to?
•For each statement (1-7), mark one letter (A, B or C).
•You will need to use some of these letters more than once.
A Partnerships
On the whole, this is not a popular form of business organization, but it is often used by people in the professions, like doctors, dentists or lawyers, to expand their business.Greater efficiency is possible because people in this sort of association can spend their time doing what they are best at. If one person is sick, then the remaining partner(s) can carry on the work. The main disadvantage is that even with this form of ownership, the amount of money available to the business may be limited. If people quarrel or disagree over decision-making there can be problems and serious delays.
B Public (PIC) Companies
These are the largest businesses in the private sector. There is no limit to the number of people holding shares in it and many of the larger companies have their shares listed on the stock exchange. The advantage of big businesses like this is that they find it easier to raise money as banks consider them a "good risk". There are strict laws governing the setting-up of this kind of business and each year the company has to publish its accounts. The larger such businesses grow, the more difficult it is to control them. Workers in such businesses may feel that management doesn’t understand their problems.
C Private (Ltd) companies
Such businesses are not allowed to sell shares to the public. They must consist of at least two members, but there is no upper limit to the numbers who own the company. The larger size makes it possible for such companies to borrow more money from the banks or from issuing additional shares to its members. The advantage is that such a business is able to offer its members limited liability (responsibility) for debts and losses. Many companies of this type exist in England, Europe and the U.S.
The company can list on the stock exchange and the share can be sold to the public.
选项
答案
B
解析
题干意思是:公司能在股票交易市场上市,且可以将股票卖给公众。B段中第二句后半段提到这种公司可以在股票市场上市。同时,C段中第一句提到私人公司不能将股票卖给公众,因此可以排除C。故选B。
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本试题收录于:
BEC中级阅读题库BEC商务英语分类
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