The arrival of keg beer as a solution to quality problems in the pub, and the rise of beer in cans, meant bottled beer sales went into a slide: slowly at first, from 34 per cent of all beer sold in 1960 to 27 per cent in 1969, and then rapidly, 20 per cent in 1974, 12 per cent in 1979, nine per cent in 1984.
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a principal is a person legal or naturalâwho authorizes an agent to act to create one or more legal relationships with a third party. Principal has a specific meaning in the context of commercial law.From Wikipedia : a principal is a person legal or naturalâwho authorizes an agent to act to create one or more legal relationships with a third party. Effectively, this means that the principal is the business.In the case of a corporation, say General Electric, the principal is General Electric itself, while Jack Welch was one of its agents during the 80s and 90s. partner or owner of a business. This is primarily the only reason you would use the word principal in the world of business. In Business terms, Principal has one meaning, you would be a part of a company with a financial interest in that company.