Question

What do you mean by Public Warehouse ?

Solution

The warehouses which are owned and managed by government agencies are called public warehouses.
These godowns are large sized and are used by all persons such as traders, farmers, exporters and importers.

Some More Questions From Business Services Chapter

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Explain any three considerations which a business firm should take into account for choosing a suitable mode of transport.

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Business Services

What do you mean by Public Warehouse ?

Some More Questions From Business Services Chapter

What do you mean by Marine Insurance ?

Define communication.

What do you mean by the term transportation ?

What do you mean by the term warehousing ?

What do you mean by Public Warehouse ?

What is meant by cold storage houses ?

Explain any three considerations which a business firm should take into account for choosing a suitable mode of transport.

Under the principle of subrogation, why does the right of ownership of damaged property pass on to the insurer after the compensation has been paid to the insured ?

How does the insurance distribute the loss ?

What do you mean by specialised banks ? Give three examples of specialised banks.

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