Word: refundable
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Dates: during 1960-1969
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...Misrepresentation." The fine print on the seal promises only that Hearst will replace a defective product that it endorses or refund the buyer's money. Now, however, a three-judge state appeals court in San Diego has ruled in Mrs. Hanberry's case that the magazine may be sued for damages when goods that it guarantees cause injury...
...transfer of authority to determine the annual patronage refund from the stockholders to the directors, as required...
...COOP'S rebate policy is one of the most misunderstood aspects of its whole operation. As a cooperative society, the Coop must pay back to its members all the profits left over from members purchases after taxes and operating expenses. Unless the Coop pays this patronage refund that profit is liable to be taxed up to fifty per cent as it is in any large corporation...
...grow (they were over $16 million this year, compared to $15,282,000 two years ago), expenses have risen at a faster rate. Marginality has finally caught up with the Coop. For years the Coop had endeavored to give in a sense a double discount. Besides the patronage refund, the Coop has always made a point of pricing as low as or lower than its competition. In fact, the Coop was founded in 1882 for the very purpose of giving undergraduates a store in the Square that priced below the monopoly prices of the other merchants. "We make every effort...
...been sporadic for six weeks; the agency is demanding "reparations" for a $15,000 account that it claims it lost as a result. Bess Myerson Grant, New York City's Commissioner of Consumer Affairs, has gone farther. She has demanded a rate cut and a $100 million refund for phone subscribers...