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WAEC Marketing 2020 Question 6

Question 6

Warehousing

A warehouse owned and operated by a company for its own use is a

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

Answer: B (private warehouse.)

Explanation

A private warehouse is owned by a firm for storing its own goods.