WAEC Marketing 2015 Question 34

Question 34

Warehousing

A warehouse where dutiable goods are kept is a

  1. A.cooperative warehouse.
  2. B.public warehouse.
  3. C.bonded warehouse.
  4. D.private warehouse.
Show the answer and explanation

Answer: C (bonded warehouse.)

Explanation

Bonded warehouses keep imported goods until customs duty is paid.