Answer Key
Review
You have already passed this section on 2015-03-01 at 16:10.
Part I
Fill in the missing words and expressions. The first letter prompt will help you fill in the right word or expression.
You answered 0 of 10 questions correctly in this part of the test.
- My wife and I would like to give our new niece a US Savings Bond. She is 2 months old and want to give her bonds that she can [redeem] at 18+ yrs old to get a nice start-up capital.
- I usually have to work late: I don't get paid for it, but I get a 10% [commission] for every photocopier I sell.
- China signed an agreement to develop a regional jet, setting up a joint [venture] company in which it will have a 46 per cent stake, Airbus 39 per cent and Singapore Technologies 15 per cent.
- Since I get more money at work, my husband decided to take a [paternity] leave and look after our baby at home.
- In response to a lawsuit by the Mitchell estate, the District Court held that The wind done gone was a copyright [infringement] of Gone with the wind.
- The Mental Health Foundation in the UK carried out an [omnibus] survey of 1000 people asking them a wide range of questions to explore public attitudes and drinking habits.
- The banks that don't acquire could become [prey] themselves and be acquired.
- As they mature gradually over a period of years, [serial] bonds are used to finance a project providing regular, level or predictable income streams.
- Because flu is very [contagious] , it is important. to stay away from others until you are feeling better. Otherwise your whole office will end up on the sick leave.
- If you have a headache you may find some aspirin and a thermometer in the [first-aid]box. It is in the kitchen upstairs.
Part II
Chose the best word or phrase from the choices.
You answered 0 of 10 questions correctly in this part of the test.
- CW and DE decided to start by opening just one coffee shop in Shanghai in order to test the market and to [establish a foothold in it] .
- A [cartel] is where companies in the same industry collaborate by coordinating prices, sharing out markets, etc., which in many countries is illegal.
- Prices on the London FTSE fell to a five-year low. Dealers are pessimistic and no one can see an end to this [bear] market.
- Some creative businesses, like design services, have hardly any permanent staff and rely on work done by [free-lancers] .
- A [hostile] takeover bid is one undertaken against the wishes of the board of directors.
- You must take all reasonable [precautions] against accidents.
- Pegasus Software looks like a good buy. The company was [floated] last year and its share price has been steadily growing since then.
- Global Electric's latest [acquisition] is Cambridge Electra. They bought it last month after a long negotiation process.
- A method of reducing the risk of loss caused by price fluctuation is called [hedging] .
- It's rare, but sometimes when I come into the office and see a huge pile of work waiting for me, I feel completely [snowed under] the paperwork.