Word: incurability
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Dates: during 1980-1989
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...million, and recovers about 20% to 30%, of which it may keep as much as 50%. Once Golditch has "captivated" his quarry, he proposes various forms of payment to his client-like a new credit-card loan, or a co-signed bank note. "I will never advise anyone to incur debt they can't handle," he says, "but I have a moral commitment to work out an equitable agreement...
...distinctions. Introducing the controversial conception of neutrality, Bok states that "there is a difference between the obligations of someone who has pushed an innocent child into the river and the responsibilities of the spectators who line the shore. By taking some positive action that inflicts harm on others, we incur duties that do not fall on the mere bystander [his emphasis]." The implication of this analogy is that Harvard has no complicity in apartheid by virtue of its stock portfolio. "Granted, universities have not caused apartheid in South Africa.... Granted, they will probably not make matters any worse by purchasing...
...Japanese have grabbed this business away from traditional exporters like Cargill Inc. and Continental Grain Co. by using the high-volume, low-profit tactics that have made Japanese companies feared and formidable competitors in markets everywhere. Mitsui and Mitsubishi deny that they go further and deliberately incur losses, but U.S. traders insist that the companies in some cases do just that to expand their share of the market for American grain...
...rising costs of fuel, labor and materials. Critics retort that gross mismanagement is the real problem. Both utilities committed themselves in the late 1970s to buy oil under long-term contracts at prices far higher than those now prevailing. Conservation has cut electrical consumption, but the companies must still incur tens of millions of dollars in expenses to dispose of oil that they are obligated to buy but do not now need...
...acquire no kudos for translating its inner doubts into hesitation. However ambivalently it has arrived at the point of decision, it must pursue the course on which it is embarked with a determination to succeed. Otherwise, it adds a reputation for incompetence to whatever controversy it is bound to incur on the merits of its decision...