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Question

A warehouse that is used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges.


A

Private Warehouse

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B

Government Warehouse

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C

Cooperative Warehouse

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D

Public Warehouse

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Solution

The correct option is D

Public Warehouse


A warehouse that is used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges is known as the public warehouse. The government regulates the operation of these warehouses by issuing a license for them to private parties.


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