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State with Reasons Whether the Following Statement is True Or False. Private Warehouses Are Used Only by Its Owners. - Organisation of Commerce and Management

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Question

State with Reasons whether the following statement is TRUE or FALSE.

Private warehouses are used only by its owners.

Options

  • True 

  • False 

MCQ
True or False

Solution

Private warehouses are used only by its owners- True
Explanation:
It is correct that private warehouses are used only by their owners. These warehouses are owned and used by farmers, traders and local businessmen for the storage of store their goods.

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Chapter 2: Business Services - True or False [Page 85]

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