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A place where dutiable goods are kept until duties on them are paid is known...

Commerce
WAEC 2009

A place where dutiable goods are kept until duties on them are paid is known as

  • A. private warehouse
  • B. public warehouse
  • C. bonded warehouse
  • D. manufacturer's warehouse
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Correct Answer: Option C
Explanation

A bonded warehouse is a custom operated warehouse, where goods whose excise duties are yet to be paid are kept. They are owned by the government

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