Question # 1

Choose the function of warehouse

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Stability in price

Sampling

Risk bearing

All the above

Private warehouses are owned by

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Business units

private individuals

Corporation units

None of these

By storing some items in the warehouses for a long period of time

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Price increases

Price decreases

price remains stable

Items perishes

The receipt of public and bonded warehouses is used as:

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Security

Business

Liability

None of these

Due to warehousing facility:

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Demand increases

There is control on supply

Supply increases

There is control on demand

Before selling, fruits are kept in:

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Home

Factory

Godown

Office

Warehousing for government is the source of

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Income

Problem/tension

Debt

None of these

Warehousing for government is the source of:

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Income

Problem / tension

Debt

None of these

Due to warehousing facility

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Demand increases

There is control on supply

Supply increases

There is control on demand

Before selling, fruits are kept in

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Home

Factory

Godown

Office

Which warehouses are the private property of business centers

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Government

Private

Bonded

None of these

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Principle of Commerce Icom Part 1 English Medium Chapter 20 Online Test MCQs With Answers

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