Word: refundability
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...from whom Meadows bought most of his paintings. "They were charming-real artists, the biggest con men ever," says Meadows wryly. But he is not taking the A.D.A.A.'s judgment as final. While another French dealer, who sold Meadows seven fakes for $100,000, has already agreed to refund the Texan's money, Meadows is insisting that French experts render a verdict on the remainder...
...second thing Webster did was to institute a policy which guaranteed full refund of tuition if the course did not triple-improve the student's reading. This is the prime factor for the popular success of Reading Dynamics. Since the day the guarantee went into effect, the driving force behind the Evelyn Wood program has been the profit motive...
Special attention must be paid to the guarantee: "Reading Dynamics will refund the tuition of any student who fails to at least triple his reading index during the course as measured by our standard testing program. This guarantee is valid so long as the student attends each lesson and maintains the requisite home drill at least one hour daily at levels specified by his instructor...
While filling out his own federal tax return before he turned to the job of supervising the scrutiny of 67 million others, Internal Revenue Commissioner Sheldon S. Cohen had a happy experience. Sheldon Cohen, tax collector, it turned out, owed Sheldon Cohen, tax payer, a $43 refund. Under the rates introduced last year, Collector Cohen will also owe rebates to many another tax payer this year, and the thought makes Government economists almost rapturous. They figure that all the returned money will help start the U.S. consumer spending again, and thereby get the economy out of its present stall...
Competition will not alter the Charter Flights' present financial status, since they are a non-profit organization, charging only for administrative fees. This year Charter Flights will refund an average of six to eight dollars to passengers who travelled on "profitable" flights last summer...