Word: refundability
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...deliveries to retailers that discounted Panasonic goods. Among the targets: K mart, Montgomery Ward and Circuit City. Last week Panasonic, a division of Japan's Matsushita, settled charges of price fixing with the New York State attorney general's office. While Panasonic admitted no wrongdoing, the company agreed to refund as much as $16 million to an estimated 748,000 U.S. consumers who were overcharged. The refunds, on such products as videocassette recorders, camcorders and answering machines, will range from...
...Exempt farmers, loggers and other business people from paying the diesel tax on fuel used for off-road purposes. They now must pay and later file for a refund...
Chrysler, which blames the mix-up on human error, agreed last week to pay affected customers up to $2 million for the twice-squeezed lemons. Depending on how long ago the cars were bought, the owners can choose between a full refund or a twelve-month service contract, reimbursement for all previous repair work and a payment...
...petitioners--roughly half of the law school's upperclassmen--further state that they have been offered less value for more money and conclude that the University should refund last year's $1,030 tuition increase...
Although many students found the idea of a refund attractive, the CLSA did not endorse the drive because, as Bowers said, "The call for a rebate is a little unrealistic...