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These warehouses are meant for use by businessmen in general. Any businessman can store his goods in these warehouses for some charge. - Commercial Studies

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Question

These warehouses are meant for use by businessmen in general. Any businessman can store his goods in these warehouses for some charge.

Options

  • Private

  • Public

  • Bonded

  • None of these

MCQ

Solution

Public

Explanation:

Public warehouses are meant for use by businessmen in general. Any businessman can store his goods in these warehouses for some charge. Public warehouses may be owned by the government, public trusts or other public authorities.

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Types of Warehousing
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Chapter 13: Logistics and Insurance - EXERCISES [Page 232]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 13 Logistics and Insurance
EXERCISES | Q 4. | Page 232
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