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...easier to get favorable rulings against defective products by shifting to the automaker the burden of proving that it was not at fault. Manufacturers can avoid liability only by proving that the defect is not substantial, or that the problem came from owner negligence or from modifications the buyer made on the auto...

Author: /time Magazine | Title: Dividends: Lemon Aid | 8/23/1982 | See Source »

Despite the predictable applause, Midwest farmers would have much preferred a new, long-term pact with Moscow that would guarantee sales over several years and assure them of a buyer for their bulging surpluses. Reagan's decision clearly left most of them disappointed. The extension permits the Soviet Union to buy a minimum of 6 million tons of corn and wheat, but requires further consultation between Washington and Moscow for a deal of more than 8 million tons. Farmers believe that the U.S. could easily sell Moscow as much as 23 million tons over the next year. The U.S.S.R...

Author: /time Magazine | Title: Very Down on the Farm | 8/16/1982 | See Source »

David Becker, preppie and Viet Nam vet, sees himself as Prince Valium. Becker nobly advises a neophyte buyer to get out of town and stay out. Then he admits, "It certainly was about as close as coke dealers could ever come to walking old ladies across busy intersections...

Author: /time Magazine | Title: Books: Prince Valium | 6/28/1982 | See Source »

...buyer for U.P.I...

Author: /time Magazine | Title: Press: Live Wire | 6/14/1982 | See Source »

...Cincinnati-based E.W. Scripps Co., which operates the Cincinnati Post and 50 other U.S. newspapers, plus six television and seven radio stations and six regional cable TV systems. Two serious bidders-the British news service Reuters and National Public Radio-failed to come to terms. Last week a buyer for U.P.I, came forth: Media News Corp., a consortium formed expressly for the purpose of acquiring the financially troubled wire service. Estimated price: $20 million...

Author: /time Magazine | Title: Press: Live Wire | 6/14/1982 | See Source »

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