Question

Which of the following are a type of warehouse?

• A. Private
• B. Public
• C. Bonded
• D. All of the above

Answer 1

The correct option is D All of the above

Private warehouses are operated, owned or leased by a company handling their own goods, such as retail chain stores or multi-brand multi-product companies.

Public warehouses can be used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges.

Bonded warehouses are licensed by the government to accept imported goods prior to payment of tax and customs duty.

Thus, all the three are types of warehouses.