undisclosed principal

A dummy buyer may sometimes have an undisclosed principal.

It is in contrast to a disclosed principal and undisclosed principal.

Some taxing authorities have created rules regarding tax liability for actions of an undisclosed principal.

An Undisclosed principal is an unrevealed one, in a situation involving an undisclosed agency.

These words were taken to exclude the possibility of an undisclosed principal, a position which was argued to be also in accordance with commercial reality and expectations.

"Undisclosed Principal in California" (1917)

In the field of law, the term undisclosed principal relates mainly to the liability of an agent for obligations incurred on behalf of a principal.

It was argued that the Tin Council entered into the transactions with third parties as agent acting on behalf of the member States as undisclosed principal.

Z's action for conversion failed: Y Bank was agent for an undisclosed principal, Z Bank, and the defendants were entitled to act on Y's consent.

There can be no undisclosed principal in international law: any such claim should be dismissed as contrary to the principle of openness in international relations, and the right of States to select their treaty partners.

He held the Faulds Fellowship in Law at the University from 1965-1968, having been admitted to the Faculty of Advocates in 1967, and took a Ph.D. in 1969, entitled The rights and liabilities of the undisclosed principal in the law of agency.

In 1990, state regulators in New Jersey denied an application by his brother-in-law's firm, then called Domestic Securities Inc., to register itself for business there on the grounds that Mr. Houtkin was an undisclosed principal of the firm and an unregistered broker in New Jersey.