A dummy purchaser is an agent who buys property on behalf of another, usually to conceal the true purpose of the acquisition. For instance, a shopping mall developer may hire a dummy buyer to purchase the needed vacant lots. Disclosing the principal's identity might prompt the landowners to hold out for a higher price; hence the need for secrecy. It has been hypothesized that dummy buyers could help private sector developers obtain the land needed for highway construction without the need for eminent domain invocation.[1] A principal in such a relationship may be a partially disclosed principal (i.e. the agent informs the seller that he is buying on behalf of someone, but does not reveal that person's identity) or a completely undisclosed principal (i.e. the agent does not reveal that he is acting on anyone's behalf). A dummy purchaser is also sometimes called a straw man.[2]
^Benson, Bruce L. (2006). "Do Holdout Problems Justify Compulsory Right-of-Way Purchase". Street Smart: Competition, Entrepreneurship, and the Future of Roads. p. 48.
^"Glossary". Archived from the original on 2008-11-21. Retrieved 2008-06-08.
A dummypurchaser is an agent who buys property on behalf of another, usually to conceal the true purpose of the acquisition. For instance, a shopping...
issue bonds that were payable to the bearer (rather than the original purchaser) so that the lenders could sell on some or all of the debt to someone...
nevertheless be included in official trade statistics through dummy shipments or dummy declarations that serve to conceal the illegal nature of the activities...
dry rot, and odor from a neighbouring pig farm to dissuade potential purchasers. Mike becomes concerned when he has trouble contacting his wife Jackie...
corporate fraud cases will increase because of the subprime mortgage crisis. Dummy corporations may be created by fraudsters to create the illusion of being...
Motors Ltd. in August 1919. In October he exhibited a car chassis (with a dummy engine) at the London Motor Show. Ex–Royal Flying Corps officer Clive Gallop...
theoretical computer science and operations research. The travelling purchaser problem and the vehicle routing problem are both generalizations of TSP...
the author of Griswold's "Booklet on Waterless Cooking", given free to purchasers of the Tite-Top Dutch Oven. Her picture appeared in advertisements for...
receipts in the first place, it may not be legally binding at all. The purchaser who holds the receipt owns the merchandise. Employees who harass, assault...
pre-fitted motherboard and power supply. If not already provided, the purchaser of such a platform only has to equip it with a RAM, and optionally a hard...
low cost and interoperability across brands, so radio communications purchasers are not locked into a proprietary solution. In practice, given the current...
well above the team's wealth. The difference is in the position of the purchaser: the management is already working for the company (MBO), the management...
nonexistent foreign exchange at a fraction of their face value". The debt purchaser could then sell the bond back to the issuer and exchange the American...
offered through a May 2015 Humble Bundle. The download link provided to purchasers for the DRM-Free copy lead to an apparently current dump of the source...
America during the White House campaign for background checks on all gun purchasers, saying, "The black helicopter crowd is really upset. It's kind of scary...
internet was filled with e-commerce sites. Fraudsters began to set up "dummy" merchant sites where they could harvest their own credit cards through...
used to find a font similar to a given one. It also allows potential purchasers to make comparisons of typeface specifications. Identifont has an index...
chests cost 100 Mammoth Coins to purchase and will randomly give the purchaser one of the skins offered. Excluding chests, any purchases made in the...
made in addition to the cost of the base game that generally enables the purchaser access to all downloadable content that is planned for that title without...
essentially M60s with minor modifications requested by approved foreign purchasers. Some of the modifications included removal of the M19 cupola, different...
electronics appliances, directly and eliminated the importing agents. The purchaser, in this case Wal-Mart, can easily direct the suppliers on how to manufacture...
up a company's capital. Shares can contain any rights the company and purchaser wish to contract for, but generally grant the right to participate in...
started the idea of Kadet Military Drill Teams that communities could form. Purchasers of Kadet toy weapons would receive a free comic book drawn by Kurt Schaffenberger...
Slavicsek, Bill; Baker, Rich; Grubb, Jeff (2006). Dungeon Master For Dummies. For Dummies. p. 320. ISBN 978-0-471-78330-5. Retrieved 2009-02-12. Gygax, Gary...
Supplies Venues Business services The four major categories of B2B product purchasers are: Producers- use products sold by B2B marketing to make their own goods...