Which of the following warehouse is generally found near a port?
- producer's warehouse
-
bonded warehouse
- distributor's warehouse
- manufacturer's warehouse
The correct answer is: B
Explanation
A bonded warehouse is a type of warehouse that is located near a port or customs entry point. It is specifically designed and authorized by the government to store imported goods before they are cleared by customs and released for distribution or sale in the local market. Bonded warehouses provide storage facilities for goods on which customs duties and taxes have not yet been paid.