Started on State Completed on

Wednesday, 3 April 2024, 20:30 Finished Saturday, 6 April 2024, 11:27

Time taken

2 days 14 hours

Question 1 Flag question

Partially correct

Read the article Company Insolvency and match answers to the questions.

1 What sort of business does the director in this article run? A small retail business

2 Why is his business experiencing financial difficulties? There has been a downturn in trading.

3 Which particular problems is he concerned about in relation to his company’s current situation?
His responsibilities and financial liabilities

4 Who is held responsible if a business trades when insolvent? The company's creditors

5 If a company looks like it is going insolvent, who should the directors protect as a first priority?
The company's directors

6 Who should the company directors get advice from if they think they might be going insolvent?
An insolvency practitioner

7 What important feature of the company should they also protect? 8 In this situation, what should they also do on a
regular basis? Its assets

Your answer is partially correct.

 You have correctly selected 5.

Question 2 Flag question

Correct

Use words and phrases from Exercises A and B to complete these sentences (file COMPANY INSOLVENCY, P. 58).

1 When economic conditions become difficult, businesses can experience a sharp downturn in trading.

2 When a company cannot pay its creditors, it becomes insolvent .

3 The company stopped trading, and its assets were sold to pay off its creditors. It went into liquidation

.
4 The directors were hiding financial problems in the company, and after an investigation, their dealings were found

to be fraudulent .

5 As a result, the directors were subject to severe remedies . They went to prison.

6 In addition to this, they suffered disqualification as company directors for several years.

7 It was discovered that some important items in their meetings had not been written down in the minutes

8 They had also entered false items into their order book to make their business look more viable than it

actually was.
Question 3 Flag question

Partially correct

Complete the sentences with such, such a or so:

A few years ago, I spent my holiday on the Greek island of Santorini. I was 1) so worried about

travelling alone that I became quite nervous. However, about five minutes after the ferry had left I met 2)

such a nice American couple that I stayed with them for the whole holiday. When we docked, we were

pushed onto a bus that was filled with 3) so a lot of people that we felt as if we couldn’t breathe. At the

bus station there were 4) so many people waiting to offer us accommodation that we decided to ignore

them, preferring to walk along the main road to find somewhere to stay ourselves. After an hour or so we started to

think that not accepting any of the men’s offers of accommodation had been 5) such a bad idea that we

decided to ask someone for help. We asked an old man if he knew of anywhere we could stay. He led us to a lovely

little apartment on the edge of a cliff. It was 6) such a gorgeous flat, and the view was 7) so

good that we took it immediately. We had brought 8) such a few things with us, and it took us 9)

such short time to unpack that we were on the famous black sand beach in no time. We had 10)

such nice time together and we became 11) so good friends that we still keep in touch,

sending letters and Christmas cards. This year Scott and Arianne are coming to Scotland to spend Christmas with
me. It will be great to see their again.
Question 4 Flag question

Partially correct

Complete the sentences using the words in bold. Use two to five words.
1 The town was so unfriendly that we left immediately. an

It was such an unfriendly town we left immediately.

2 He couldn’t eat the food because it was very spicy. for

He couldn’t eat the food, for it was very spicy.

3 Do you know the reason for her being so upset? why

Do you know why for her upset?

4 It was such a lovely summer in England that we stayed at home. so

Summer was so lovely in England that we stayed at home.

5 The trip abroad was cancelled due to lack of interest. of

The trip abroad was cancelled due to a lack of interest.

6 She was rushing to the office so she couldn’t talk to me. consequently

She was rushing to the office; consequently, she could not talk to me.

7 It was such an interesting book that I stayed up all night to finish it. so

The book was so interesting that I stayed up all night to finish it.

8 No one knows what caused his illness. why

No one knows why he was ill.

9 She lost her ticket, so she had to buy another one. result

10 She lost her ticket; as a result, she had to buy another one.
Question 5 Flag question

Partially correct

Choose an appropriate variant.

There were so many people in the station that I was unableto find the friend I had arranged to meet.

It had also been such a long time since I’d seen her that Ibarely remembered what she looked like.

Then, suddenly I heard a familiar voice behind me. "Marilyn, is that really you?" Rachel smiled at me.

“It's been so terribly long that I’ve got an awful lot of things to tell you.

Come on! Let’s go somewhere for coffee." I took her to a lovely cafe I know.

It was such nice day that we decided to sit outside in the sun.

We had so lot to say to each other that we didn’t notice the time fly.

We used to spend such a lot of time together that I always knew what she was thinking.

We had never kept secrets from each other. Now, she seemed happy enough, but her eyes looked really sad. I was
sure that there was something she wasn’t telling me. When I confronted her, she said that everything was fine. “Don’t
try to pretend, Rachel,” I said.

“We’ve been such good friends for so many years that you can't possibly think I

can’t tell that you’re upset.”

Finish review

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