I. Match the words with the definitions.

1) agreement a) an amount of money that must be paid

2) reduction b) a person, bank, or company that you owe

money to

3) creditor c) the amount of money that something is worth

4) value d) a decrease in the size, price or amount of smth.

5) loan e) an arrangement or promise to do something made by two or more people, companies, organizations, etc.

6) payment f) an amount of money that you borrow from a bank

7) investor g) the money that is available to an organization or person

8) budget h) someone who gives money to a company, business or bank in order to get a profit.

II. Complete each sentence with a word from the box.

1. Many people use the web for........... or banking.

2. In formal situations it’s a good idea to follow standard.......... when making new contacts.

3. A company that has the biggest sales or the best selling product in the market is the...........

4. The company hopes that its new strategy will give sales a...........

5. Some retailers have found it difficult to guarantee.......... times: goods may arrive late.

6. A.......... is a part of company where people do a particular kind of work.

7. One recent advertising ……. lasted for over a year.

8. Our ……. are the best trained in the country.

III. These are confused pairs of words. Choose the correct alternative for each sentence.

1. COMMON / MUTUAL

a) The firm agreed that increasing client satisfaction was our........goal.

b) It was in the parties'.........interest to reach an agreement quickly.

2. LESS / FEWER

a) There were........hours logged than the company expected.

b) The amount of gasoline was.......than we had budgeted for.

3. PRINCIPLE / PRINCIPAL

a) The.......reason we didn't pursue it was the cost.

b) We didn't want to continue the case, mostly because of..........

4. AFFECT / EFFECT

a) The cost will.......the final contract.

b) We know that the.......of the merger will create problems.

IV. a) КОПР №3, 4.

B) Choose the correct option a-c to complete the sentences.

1. The company........ in car sales for many years.

a) has dealt b) has been dealing c) was dealing

2. Вefore John celebrated his 26^th birthday, he....... his own company.

a) started b) has started c) had started

3. By the end of the month I.........this project.

a) will finish b) will have finished c) finish

4. Our distributor called while I........to Jim.

a) was talking b) have been talking c) would be talking

5. We....... her at the sales conference last week.

a) have met b) met c) have meet

6. I........my new job next week.

a) will start b) am starting c) start

7. The number of employees cycling to work.........

a) increased b) have increased c) has increased

8. We........ to an agreement on the terms of payment before you arrived.

a) have come b) had come c) came