passwella.
Menu

WAEC Commerce 2010 Question 1

Question 1

Warehousing

A bonded warehouse is a place for keeping

  1. A.contraband goods.
  2. B.dutiable goods.
  3. C.tax free goods
  4. D.smuggled goods.
Show the answer and explanation

Answer: B (dutiable goods.)

Explanation

A bonded warehouse holds imported goods on which duty has not yet been paid.