LOGISTICS AND INSURANCE — Commercial Studies STD 10 — Question
ICSE BoardEnglish MediumSTD 10Commercial StudiesLOGISTICS AND INSURANCE2 Marks
Question
Distinguish between Public Warehouses and Bonded Warehouses.
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Answer
(i) Public wareshouses are located at public places while bonded warehouses are located near ports. (ii) Public Warehouses are used to store all types of goods whereas bonded warehouses are used to store imported goods and goods meant for exports.
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