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Question 4· You just came to this new company a week ago.· Write a proposal about your work.· Write 200—250 words on the separate answer paper provided.

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For two candidatesYour company are sued for illegal arbitrage with a stockbroker by a stock investor. You have been asked to respond to it.Discuss and decide together:· Select which lawyer to conduct your case in court.· Cite the reason for choosing him.

THE US BANKING SYSTEMThe US banking system is not as tightly centralized as European systems. At its head we find the Federal Reserve Board (the "Fed"), which works through twelve regional Federal Reserve banks. The Board, (31) responsibility is directly to the Congress, is an independent agency, not subject to the orders of the President. But of course, a large amount of cooperation does exist (32) the White House and the Treasury on the one hand, and the Board on the (33) Credit cards are issued by banks or certain organizations and may be used by the (34) to have purchases (goods or services such as meals, accommodation and travel) charged to a bank account. The account is (35) for the corresponding amount and the card holder is sent monthly statements of account.Some credit cards are (36) internationally by many stores, hotels and restaurants. Cards holders may also obtain cash (37) presenting their card in a local bank, or by using automatic cash machine.Credit cards are issued by banks to their clients and guarantee the solvency of the holders (38) they pay by checks.In the USA, it is frequent for stores to (39) charge accounts for their customers. Instead of paying in cash the buyer only has to (40) a numbered card for the purchase to be charged to his account. 37()

Monopoly is one off the peculiar (21) which can affect the sale and purchase of certain commodities. In some markets, there may be only one seller or a (22) of sellers working very closely together to control prices. The result of such monopolistic activity is to fix prices at a level (23) to the seller, a level which may bring him artificially high profits. Many governments dislike this procedure and have taken legal actions to (24) or halt such business activities. In the U. S. anti-trust laws operate to limit cartels and mergers, (25) in Britain the Monopolies Commission examines all special arrangements and mergers referred to them by the Board of Trade.This type of monopoly is not the only (26) however. There are three other forms, state, legal and natural. State monopolies are quite common nowadays, where the (27) in a particular country control industries like steel and transport or important and prestigious revises like national airlines. Legal monopolies are rather different, because the law permits certain individuals to (28) solely from their special inventions, discoveries or processes. No other person may infringe their rights in respect to (29) monopolies.Finally, natural monopoly (30) where a nation or individual possesses most of a particular mineral for reasons of geography and geology. 30()

A. arises
B. comes
C. derives
D. stems

THE US BANKING SYSTEMThe US banking system is not as tightly centralized as European systems. At its head we find the Federal Reserve Board (the "Fed"), which works through twelve regional Federal Reserve banks. The Board, (31) responsibility is directly to the Congress, is an independent agency, not subject to the orders of the President. But of course, a large amount of cooperation does exist (32) the White House and the Treasury on the one hand, and the Board on the (33) Credit cards are issued by banks or certain organizations and may be used by the (34) to have purchases (goods or services such as meals, accommodation and travel) charged to a bank account. The account is (35) for the corresponding amount and the card holder is sent monthly statements of account.Some credit cards are (36) internationally by many stores, hotels and restaurants. Cards holders may also obtain cash (37) presenting their card in a local bank, or by using automatic cash machine.Credit cards are issued by banks to their clients and guarantee the solvency of the holders (38) they pay by checks.In the USA, it is frequent for stores to (39) charge accounts for their customers. Instead of paying in cash the buyer only has to (40) a numbered card for the purchase to be charged to his account. 38()

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