Question

How do brokers in agricultural marketing fundamentally differ from commission agents in terms of their role and relationship with the produce being traded?

Q: Answer-How do brokers in agricultural marketing fundamentally differ from commission agents in terms of the...

Brokers act purely as intermediaries who bring buyers and sellers together and facilitate the transaction, but unlike commission agents, they never take physical possession or control of the produce being traded.

A Brokers directly buy and sell goods, taking ownership of the produce

B Brokers merely bring buyers and sellers together, without taking physical control of goods

C Brokers specialise in bearing risk by taking ownership of the product

D Brokers focus solely on arranging communication and transportation

E Brokers always act as the legal owners of the goods they help trade

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How do brokers in agricultural marketing fundamentally differ from commission agents in terms of their role and relationship with the produce being traded?

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