O-LevelCommerceWarehousing7100/11 · Oct/Nov 2020 · Q291 Mark
A bonded warehouse is a place where
Acustoms officials store confiscated and smuggled goods.
Bdutiable goods are stored until duty has been paid on them.
Cgoods are manufactured ready for sale.
Dmerchants store all their goods awaiting export.
✓ Correct answer
B: dutiable goods are stored until duty has been paid on them.
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