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Business English Exercises
 

Distribution Compliance Period

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Home > Teaching Business English > Business English Lessons, Advanced Level # 430
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A one-year distribution compliance period is imposed on Regulation S shares, restricting them from being traded with US citizens on US markets, following the issue date of the security.

Correct answer: (c) issue

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In Germany, residents near nuclear installations have been given the right to litigate against them; this precedent requires courts to hear and rule on complaints about authorities not having carefully considered measures for protection.

Correct answer: (c) litigate

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501 Business English Exercises — Printable, photocopiable.
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An investor who buys a put and an equivalent number of shares of the underlying stock at the same time is creating a 'married put' position, which is a hedging strategy whose name derives from an old ruling by the Internal Revenue Service.

Correct answer: (b) married

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To determine the arithmetic mean, the most common type of average, of a set of n numbers, add up all the numbers in the set and then divide their sum by n.

Correct answer: (a) mean

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A nonparticipating life insurance policy is one that pays no dividends, so its policyholders don't share in the interest, dividends, or capital gains that are earned on premiums paid by the insurer.

Correct answer: (b) A nonparticipating

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For tax purposes, capital gains income can be offset only with capital losses, while ordinary income can be offset only with standard tax deductions.

Correct answer: (c) ordinary

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For consideration received, the Assignor herewith sells, assigns and transfers unto the Assignee the entire right, title and interest in, to and under each Letter Patent, and the Assignor agrees to execute all papers desired by the Assignee for perfecting title of the patents herewith assigned.

Correct answer: (c) perfecting

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A balloon maturity is usually a later one within a serial issue of bonds and which contains a disproportionately greater percent of the original issue's principal amount.

Correct answer: (b) balloon

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Clear title means that there is no artisan or tax lien, security agreement, unreleased chattel mortgage or other similar document on record against the aircraft; you may search the records yourself or have this done for you by a title search firm or lawyer.

Correct answer: (b) Clear

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A sinking fund for the purpose of redeeming preferred shares should be created when they are issued; this should be done by transferring free surplus to a restricted surplus account, which shall be unavailable for dividends.

Correct answer: (d) restricted

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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