Question: What is the difference between a marketing - procurement ( M - P ) contract and a production contract? A farmer with a M -
What is the difference between a marketing procurement MP contract and a production contract?
A farmer with a MP contract needs to produce the products under the direction of the contractor.
A farmer with a production contract has a full discretion regarding how to produce the product.
A production contract is like an employeeemployer relationship, while a farmer with a MP contract has a full discretion regarding how to produce the products.
None of the choices is correct.
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