When you create a corporation, you write up a contract, which specifies the rules of the corporation; it's like a constitution for the corporation.

创建公司时,你会起草一份协议,其中规定了公司的条款,就像公司的宪法一样

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An option is a contract that says you can buy so many shares of a company.

期权就是指你可以,在公司里购买多少股份的一份合同

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Then of course, there's the other problem that the insurance company-- how does the insurance company reasonably specify that it can come through on this policy?

之后，对保险公司来说,当然还存在其它问题-,保险公司怎样才能使一份保单上,载明的内容合理而有效被执行呢？

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So, the insurance company with one hundred policies would have still substantial risk.

所以签了100份保单的保险公司,仍然面临一定的风险

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It was in 1995, a secretary at IBM Corporation was asked to xerox some documents by her boss and the documents described a proposed takeover of Lotus Corporation.

那是在1995年,IBM的一个秘书,帮他老板复印一份文件,文件有关,IBM计划收购莲花公司的计划

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