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Wednesday, February 14, 2018

Learn, Relax and Enjoy - 183



Alexander Fleming   

His name was Fleming, and he was a poor Scottish farmer. One day, while trying to eke out a living for his family, he heard a cry for help coming from a nearby bog. He dropped his tools and ran to the bog. There, mired to his waist in black muck, was a terrified boy, screaming and struggling to free himself. Farmer Fleming saved the lad from what could have been a slow and terrifying death.

The next day, a fancy carriage pulled up to the Scotsman's sparse surroundings. An elegantly dressed nobleman stepped out and introduced himself as the father of the boy Farmer Fleming had saved.
"I want to repay you," said the nobleman. "You saved my son's life."
"No, I can't accept payment for what I did," the Scottish farmer replied, waving off the offer. At that moment, the farmer's own son came to the door of the family hovel.
"Is that your son?" the nobleman asked. "Yes," the farmer replied proudly.
"I'll make you a deal. Let me take him and give him a good education.
If the lad is anything like his father, he'll grow to a man you can be proud of."
And that he did. In time, Farmer Fleming's son graduated from St. Mary's Hospital Medical School in London, and went on to become known throughout the world as the noted Sir Alexander Fleming, the discoverer of Penicillin.
Years afterward, the nobleman's son was stricken with pneumonia.
What saved him? Penicillin.
The name of the nobleman? Lord Randolph Churchill.
His son's name? Sir Winston Churchill. 
_____________

Business Terms 

Wherewithal:  financial capital or monetary means 
    
Start-up: a new business, creating an enterprise from scratch.

Business Plan:  is a description of the business itself plus management, marketing, financial strategy for creating a new firm.

Financing: to provide the money, usually included for this service are fees and interest payments.

Venture Capitalists:  are investors who make available funds to innovative companies at relatively high risk. They are sort of gambling bankers.

Stay below the radar: this phrase means be undetectable. In business parlance: Try to avoid notice . Don't brag about new products until they hit the stores.

Industrial Spying:  Trying to ferret out or discover economic, trade secrets, practices, etc.  of a company.

Collateral:  serving as a guarantee, or functioning as support

Stock: a corporation raises capital by selling stocks in the the company this usually entitles the buyers to dividends, voting and property rights.

Bankrupt: the act of being declared legally insolvent, impoverished.
Any assets or wealth of the firm or individual is then distributed to creditors.

Mortgage: to conditionally promise or convey property to a creditor in return for money. To put at risk, claim, or pledge
_______________

Choose the answer that makes sense in the context of the story:
1) Jerome and Florence had a great idea for a  ___________.
A. Venture Capitalists         B. Industrial Spying or Espionage                        C. Start-up    
D. Stay below the Radar     E. Business Plan
2) They have already tentatively contacted some ____________  who seem interested.
A. Venture Capitalists         B. Industrial Spying or Espionage                        C. Start-up    
D. Stay below the Radar     E. Business Plan
3)  Now the new partners must formulate a __________ to present to these market speculators.
A. Venture Capitalists         B. Industrial Spying or Espionage                        C. Start-up
D. Stay below the Radar     E. Business Plan
4) Jerome is worried about ___________ and is keeping mum about the whole subject.
A. Venture Capitalists         B. Industrial Spying or Espionage                        C. Start-up
D. Stay below the Radar     E. Business Plan
5) Florence agrees . She feels that the best way to succeed is to be:  innovative, fast to the market, and ______________.                A. Venture Capitalists         B. Industrial Spying or Espionage
C. Start-up                             D. Stay below the Radar     E.  Business Plan

_____________

Choose the word that best replaces the underlined word.       
6) Even though they may get some outside funding Florence and Jerome will have to provide some money of their own.    A. Stock      B. Financing     C. Mortgage          D. Wherewithal        E. Collateral
7)Jerome's father bought him some shares in Microsoft and Cisco Systems when he was little.
A. Stock         B. Financing             C. Mortgage              D. Wherewithal        E. Collateral
8)Even though they are held for him in a trust fund until he is 25,  Jerome can use part of their value  as security for a loan from the bank. A. Stock         B. Financing             C. Mortgage
D. Wherewithal        E. Collateral
9)As to Florence, her rich uncle Yassine left her free and clear a house in Bordeaux. She plans to borrow on the house.
A. Stock         B. Financing             C. Mortgage              D. Wherewithal        E. Collateral
10)Thus providing the financial resources for her stake in their new enterprise
A. Stock         B. Financing             C. Mortgage              D. Wherewithal        E. Collateral
__________________

Q1 - It was ____ good.                    quite               rather              Either could be used here.
Q2 - It's ___ the best restaurant I've eaten in.     quite               rather              Either could be used here.
Q3 - It was ____ better than I had expected.       Quite              rather              Either could be used here.
Q4 - I ___ liked it.                                                     quite               rather              Either could be used here.
Q5 - It was not ____ good enough.                      Quite              rather              Either could be used here.
Q6 - I'd ____ not do it, unless you really want to.  Quite           rather              Either could be used here.
__________________

Q1 - He's not very well and feeling a bit under the ____.Clouds        weather          rain     storm
Q2 - I always try to put some money by for a ____ day.            Cloudy           rainy               stormy           
Q3 - I'll be there come ____ or shine; nothing will stop me.     Storm              rain     snow              sleet
Q4 - Every cloud has a ____ lining.         grey/gray        black               white              silver               gold
Q5 - It ____ cats and dogs. Shone                        rained             snowed         
Q6 - Red ____ is the feeling when people get so angry they lose control.  
       Wind        fog                  mist                 cloud  sunset
Q7 - He's as cold as ____; he shows no emotion.         Snow              winter             ice       frost
Q8 - There's a pot of gold at the end of the ____.          Storm              rainbow          summer
Q9 - An ill ____ blows no good.                Storm              breeze            gale    wind
Q10 - It's always darkest before the ____.           Dawn             dusk  
_____________________

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Item Reviewed: Learn, Relax and Enjoy - 183 Rating: 5 Reviewed By: BUXONE