Trader in United States

Trader Definition

One who makes It his business to buy merchandise, or goods and chattels, and to sell the same for the purpose of making a profit. The quantum of dealing is immaterial, when an intention to deal generally exists. 3 Starkie, 56; 2 Car. & P. 135; 1 Term R. 572. A farmer who, in addition to his usual business, occasionally buys a horse not calculated for his usual occupation, and sells him again to make a profit, and who, in the course of two years, had so bought and sold five or six horses, two of which had been sold, after he had bought them, for the sake of a guinea profit, was held to be a trader. 1 Term R. 537, note; 1 Price, 20. Another farmer, who bought a large quantity of potatoes, not to be used on his farm, but merely to sell again for a profit, was also declared to be a trader. 1 Strange, 513. See 7 Taunt. 409; 5 Bos. & P. 78; 11 East, 274. A butcher who kills only such cattle as he has reared himself is not a trader; but if he buy them and kill and sell them with a view to profit, he is a trader. 4 Burrows, 21, 47. See 2 Rose, 38; 3 Campb. 233; Cooke, Bankr. Law, 48, 73; 2 Wils. 169; 1 Atk.. 128; Cowp. 745. A brickmaker who follows the business for the purpose of enjoying the profits of his real estate merely is not a trader; but when he buys the earth by the load or otherwise, and manufactures it into -bricks, and sells them with a view to profit, he is a trader. Cooke, Bankr. Law, 52, 63; 7 East, 442; 3 Car. & P. 500; Moody & M. 263; 2 Rose, 422; 2 Glyn & J. 183; 1 Brown, Ch. 173. For further examples the reader is referred to 4 Man. & R. 486; 9 Barn. & C. 577; 1 Term R. 34; 1 Rose, 316; 2 Taunt. 178; 2 Marsh. 236; 3 Moore & S. 761; 10 Bingi 292; Peake, 76; 1 Vent. 270; 3 Brod. & B. 2; 6 Moore, 56.

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Legal Issue for Attorneys

One who makes It his business to buy merchandise, or goods and chattels, and to sell the same for the purpose of making a profit. The quantum of dealing is immaterial, when an intention to deal generally exists. 3 Starkie, 56; 2 Car. & P. 135; 1 Term R. 572. A farmer who, in addition to his usual business, occasionally buys a horse not calculated for his usual occupation, and sells him again to make a profit, and who, in the course of two years, had so bought and sold five or six horses, two of which had been sold, after he had bought them, for the sake of a guinea profit, was held to be a trader. 1 Term R. 537, note; 1 Price, 20. Another farmer, who bought a large quantity of potatoes, not to be used on his farm, but merely to sell again for a profit, was also declared to be a trader. 1 Strange, 513. See 7 Taunt. 409; 5 Bos. & P. 78; 11 East, 274. A butcher who kills only such cattle as he has reared himself is not a trader; but if he buy them and kill and sell them with a view to profit, he is a trader. 4 Burrows, 21, 47. See 2 Rose, 38; 3 Campb. 233; Cooke, Bankr. Law, 48, 73; 2 Wils. 169; 1 Atk.. 128; Cowp. 745. A brickmaker who follows the business for the purpose of enjoying the profits of his real estate merely is not a trader; but when he buys the earth by the load or otherwise, and manufactures it into -bricks, and sells them with a view to profit, he is a trader. Cooke, Bankr. Law, 52, 63; 7 East, 442; 3 Car. & P. 500; Moody & M. 263; 2 Rose, 422; 2 Glyn & J. 183; 1 Brown, Ch. 173. For further examples the reader is referred to 4 Man. & R. 486; 9 Barn. & C. 577; 1 Term R. 34; 1 Rose, 316; 2 Taunt. 178; 2 Marsh. 236; 3 Moore & S. 761; 10 Bingi 292; Peake, 76; 1 Vent. 270; 3 Brod. & B. 2; 6 Moore, 56.

This definition of Trader is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.