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dummypurchaser
dummy purchaser
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The answer DUMMYPURCHASER (dummy purchaser) has 0 possible clue(s) in existing crosswords.
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The word DUMMYPURCHASER (dummy purchaser) is NOT valid in any word game. (Sorry, you cannot play DUMMYPURCHASER (dummy purchaser) in Scrabble, Words With Friends etc)
There are 14 letters in DUMMYPURCHASER ( A1C3D2E1H4M3P3R1S1U1Y4 )
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Definitions of dummy purchaser in various dictionaries:
DUMMY PURCHASER - 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 shoppin...
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Keep reading for additional results and analysis below.
| Dummy purchaser description |
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| 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. 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. |