O-LevelCommerceWarehousing7100/12 · May/June 2019 · Q251 Mark

Why would a consignment of goods sent from China to the UK be stored in a bonded warehouse?

AThe buyer wishes to delay payment of import duty.

BThe goods are contraband and have been seized by customs.

CThe importer is hoping for a better rate of currency exchange.

DTheir labels need to be translated into English.

✓ Correct answer

A: The buyer wishes to delay payment of import duty.

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Topic: Warehousing, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2019 Paper 1 Variant 2, question 25.

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