If I make any business decision that turns out poorly for me, I'm going to want a refund. It doesn't mean I should be entitled to one. This is, ostensibly, wha

If I make any business decision that turns out poorly for me, I'm going to want a refund. It doesn't mean I should be entitled to one. This is, ostensibly, what contracts should cover. The medallion issuer should be subject to a series of conditions under which the medallion purchaser is entitled to some sort of recompense if the issuer breaches those conditions. Entering into a purchase contract for an item that is literally the life and death of your career, agreeing to terms in which the other party basically says "trust us, we'll do what we promise so you aren't completely ruined" is a terrible way to do business.