This document discusses the English verb system and the differences between tense and aspect. It explains that tense refers to objective time while aspect reflects the subjective view of time. There are 3 tenses - present, past, future - and 4 aspects - simple, continuous, perfect, perfect continuous. The combination of tense and aspect results in 12 verb forms. The document provides examples of each verb form and explains how the sequence of tenses rule determines the tense used in subordinate clauses. It includes a diagram of the English verb system to illustrate the relationships between tenses.