### Question
How is the term dealer defined?


### Answer
The term **dealer** is defined in *7 U.S.C. § 201* as the following:

> any person, not a market agency, engaged in the business of buying or selling in commerce livestock, either on his own account or as the employee or agent of the vendor or purchaser

#### Citation:
  - *7 U.S.C. § 201*
  - Heading: **CHAPTER 9-PACKERS AND STOCKYARDS > SUBCHAPTER III-STOCKYARDS AND STOCKYARD DEALERS**

