Word: payment
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...remaining $2,250 represents the down payment on the herd, which, like factory machinery, is depreciable...
...herd, buy a spread, hire a manager and oversee the whole operation. "Real crapshooters," as Oppenheimer calls clients who are able and willing to win or lose as much as 50% on their money in a single year, can go for so-called "feeder contracts." For a down payment of $50,000 or so, Oppenheimer will handle the financing and feeding of a 500-head herd until the cattle reach proper weight and grade. The herd must then go to market, whether volatile beef prices are on the rise (which means win) or too low to cover costs (which means...
Under the U.S. auto-insurance system, at least 55% of the premium dollar should go to compensate traffic victims. There is a widespread feeling that this is not enough, and there are complaints about soaring rates, controversial policy cancellations and slow payment of claims. Some critics demand more federal regulation, along with a radical overhaul of the whole system. A Senate subcommittee has started a root-andbranch investigation of auto insurers; President Johnson has ordered the Department of Transportation to make a two-year probe...
...year (typical charge: $15 for installation, $5 a month service fee) but pay nothing to the people who originate the programming. In the view of the critics, this action is roughly comparable to reprinting somebody else's book without permission. To test the broadcasters' right to require payment from the cable firms, United Artists Television Inc. sued a West Virginia CATV company that had retransmitted to its subscribers several United Artists films and cartoons from three out-of-town channels. Last week the U.S. Supreme Court held 5 to 1 that CATV is free to operate without paying...
Future Fees. The verdict startled not only the losers but also the victors. The CATV industry was so convinced that it would ultimately have to accept some sort of copyright royalty arrangement that a representative five-man committee was already in the process of negotiating a payment formula with TV and film companies...