Question
Explain the difference between private warehouse and public warehouse.
| No. | Points | Private Warehouse | Public Warehouse |
| $1.$ | Meaning | To store the material. When product or trader keep the warehouse of their own is called private or personal warehouse. | To store the material, when any person can hire the warehouse , is called public warehouse. |
| $2.$ | Rent | This type of warehouse is not given on hire to any person. | This type of warehouse is given on hire at specific rent to any person. |
| $3.$ | Facilities | In private warehouse owner creates facilities according to the requirement of his goods. | In public warehouse not specific, but general facilities are given . |
| $4.$ | Goods of Third part y | Goods of third party is not stored in this type of warehouse. | Goods of any person of firm is stored in public warehouse . |
| $5.$ | Rules and regulations | In private warehouse there is no specific rules and regulation for the storage oh goods. as it private. | In public warehouse the rules and regulation decided by the government has to follow. |
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.