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...system for a year, will put the school staff on its payroll, take full charge of curriculum planning and administration. In turn, the city will pay the firm $800 a year per student, the current school outlay in Gary. As a key condition of its contract, BRL must refund the entire fee for any student who is still below the national achievement norm after three years in the program. The Gary teachers' union is keeping a close watch on the plan...

Author: /time Magazine | Title: Education: Free Enterprise for Schools | 8/24/1970 | See Source »

...Coop's current estimate of net profit calls for a 25 per cent decrease in this year's total patronage refund-a decrease which will lower the cash rebate rate from 7.57 per cent to 45 per cent and the charge rebate from 5.57 per cent to 2.5 per cent...

Author: By Leonard S. Edgerly, | Title: Coop Announces Cuts In Patronage Refunds | 5/14/1970 | See Source »

...individuals often conflict with those of larger groups, making one man's efficiency another man's inefficiency. To take a simple example, the man who drinks soda or beer likes the "one-way bottle." He can drink up and toss it away, rather than return it for a refund. But that little everyday luxury builds up a mountain of hard-to-dispose-of garbage. To the shopkeeper, efficiency means getting merchandise delivered at the start of every business day. Result: trucks flood the streets, producing traffic jams that are staggeringly inefficient for the city as a whole...

Author: /time Magazine | Title: Business: America the Inefficient | 3/23/1970 | See Source »

...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...

Author: /time Magazine | Title: Consumer Law: Slippery Shoes | 11/21/1969 | See Source »

...transfer of authority to determine the annual patronage refund from the stockholders to the directors, as required...

Author: By Alan S. Geismer jr., | Title: Coop Proposes Changes For Election Procedures | 9/22/1969 | See Source »

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