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O-LevelCommerceWarehousing7100/12 · Oct/Nov 2014 · Q301 Mark

What is the function of a bonded warehouse?

Ato allow goods to be re-exported without payment of duty

Bto manufacture goods for sale locally

Cto provide a place for confiscated and smuggled goods

Dto store home-produced goods for packing

✓ Correct answer

A: to allow goods to be re-exported without payment of duty

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About this question

Topic: Warehousing, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2014 Paper 1 Variant 2, question 30.

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