A large and well-known corporation wants to acquire a plot of ground for a new plant.To avoid the extra cost,purchases the land through several agents,each purporting to be buying personally.In such cases,the corporation is a(n)______.

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Sometimes principals do not want their identities known to those who deal with their agents.A common example is when a large and well-known corporation wants to acquire a plot of ground,perhaps for a new plant.One reason such a principal remains undisclosed is because the third party might demand a larger payment for the goods or services if it knew who the principal was.

A Large and Well-Known Corporation Wants to Acquire a Plot