Joe’s car has a flat tire.（)now is to walk to the nearest telephone.

A.A.successful

B.B.on airplane a lot

A.Joe bought Fred's car.

B.The man is joking.

C.Fred's car is not good.

D.The man wants Jack’s car.

W: That's funny．I heard that Joe did. They said Fred gave the car to Joe at a very low price．

Q: What does the woman think？

(19)

A．Joe bought Fred's car.

B．The man is joking.

C．Fred's car is not good.

D．The man wants Jack’s car.

￡32,000 and is provided with a petrol-driven company car which has a CO2 emission rate of 187g/km and had a

list price when new of ￡22,360. In August 2003, when he was first provided with the car, Benny paid the company

￡6,100 towards the capital cost of the car. Golden Tan plc does not pay for any of Benny’s private petrol and he is

also required to pay his employer ￡18 per month as a condition of being able to use the car for private purposes.

On 1 December 2006 Golden Tan plc notified Benny that he would be made redundant on 28 February 2007. On

that day the company will pay him his final month’s salary together with a payment of ￡8,000 in lieu of the three

remaining months of his six-month notice period in accordance with his employment contract. In addition the

company will pay him ￡17,500 in return for agreeing not to work for any of its competitors for the six-month period

ending 31 August 2007.

On receiving notification of his redundancy, Benny immediately contacted Joe Egmont, the managing director of

Summer Glow plc, who offered him a senior management position leading the company’s expansion into Eastern

Europe. Summer Glow plc is one of Golden Tan plc’s competitors and one of the most innovative companies in the

industry, although not all of its strategies have been successful.

Benny has agreed to join Summer Glow plc on 1 September 2007 for an annual salary of ￡39,000. On the day he

joins the company, Summer Glow plc will grant him an option to purchase 10,000 ordinary shares in the company

for ￡2·20 per share under an unapproved share option scheme. Benny can exercise the option once he has been

employed for six months but must hold the shares for at least a year before he sells them.

The new job will require Benny to spend a considerable amount of time in London. Summer Glow plc has offered

Benny the exclusive use of a flat that the company purchased on 1 June 2003 for ￡165,000; the flat is currently

rented out. The flat will be made available from 1 September 2007. The company will pay all of the utility bills

relating to the flat as well as furnishing and maintaining it. Summer Glow plc has also suggested that if Benny would

rather live in a more central part of the city, the company could sell the existing flat and buy a more centrally located

one, of the same value, with the proceeds.

On 15 March 2007 Benny intends to sell 5,800 shares in Mahana plc, a quoted company, for ￡24,608. His

transactions in the company’s shares have been as follows:

￡

June 1988 Purchased 8,400 shares 6,744

February 1996 Sale of rights nil paid 610

January 2005 Purchased 1,300 shares 2,281

The sale of rights, nil paid, was not treated as a part disposal of Benny’s holding in Mahana plc.

Benny’s shareholding in Mahana plc represents less than 1% of the company’s issued ordinary share capital. He will

not make any other capital disposals in 2006/07.

In addition to his employment income, Benny receives rental income of ￡4,000 (net of deductible expenses) each

year. He normally submits his tax return in August but he has not yet prepared his return for 2005/06. He expects

to be very busy in December and January and is planning to prepare his tax return in late February 2007.

Required:

(a) Calculate Benny’s employment income for 2006/07. (4 marks)

W：That's funny. I heard that Joe did, They said Fred gave the car to Joe at over low price.

Q：What does the woman think？

(19)

A．Joe bought Fred's car.

B．The man is joking.

C．Fred's car is not good.

D．The man wants Jack's car.

A.Joe bought Fred's car.

B.The man is joking.

C.Fred's car is not good.

D.The man wants Jack's car.

A．successful

B．on airplane a lot

A．the production of a public good

B．an externality

C．monopoly power for Rebecca

D．greater efficiency in consumption

Flat 24

Park Mansions

Newbury Road

The Manager

Reliable Motors Ltd

876 Meadow Street

14th May 199___

Dear Sir,

I am writing to you concerning the Bernster Special 150 SL that I bought from you two weeks ago. The car has now developed the following faults:

1．The steering wheel is loose.

2．The hand brake does not work.

3．Oil is leaking from the engine.

4．The driver's door does not close properly.

Will you please telephone me and we can arrange for you to collect the car. Unless you can put the car in perfect working order, I am afraid I shall report your company to the Consumers' Association.

Yours faithfully,

Tony Lockwood

This is a letter of______.

A．inquiry.

B．complaint.

C．explanation.

D．introduction.

A.The woman's car is making noise.

B.The woman's car engine needs to be fixed.

C.The woman locked her keys in her car.

D.The woman's car has a flat tire.