A straw purchase is any purchase wherein an agent acquires a good or service for someone who is unable to purchase the good or service himself. Straw purchases are legal except in cases where the ultimate receiver of goods or services uses those goods or services in the commission of a crime.
Read more about Straw Purchase: Examples of Legal Uses, Firearms, Alcohol, Mortgage Fraud
Famous quotes containing the words straw and/or purchase:
“A straw vote only shows which way the hot air blows.”
—O. Henry [William Sydney Porter] (1862–1910)
“How happy a thing were a wedding,
And a bedding,
If a man might purchase a wife
For a twelvemonth and a day;”
—Thomas Flatman (1637–1688)