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JAMB Commerce 2010 Objective — Question 25

Question 25 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2010 Objective paper, with the correct answer and a full explanation.

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25. The warehouse that is owned in a country and controlled by the government and used by manufacturing warehouses is A. wholesalers' warehouse B. state warehouse C. bonded warehouse D. private warehouse

  • A. wholesalers' warehouse
  • B. state warehouseCorrect
  • C. bonded warehouse
  • D. private warehouse

Explanation

State warehouse means any premises provided by the State for the deposit of goods for the security thereof and of the duties thereon or pending compliance with the provisions of any law in respect of such goods.

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