Question

distinguish between a bonded and a co-operative warehouse​

Answer 1

Answer:

Bonded warehouse

A bonded warehouse, or bond, is a building or other secured area in which dutiable goods may be stored, manipulated , or undergo manufacturing operations without payment of duty. It may be managed by the state on by private enterprise. In the latter case a custom bond must be posted with the government.

Cooperative warehouse

A cooperative warehouse is a warehouse which is owned and run by cooperative. Both co-op member and those outside the co-op can store goods at these facilities, though co-op members benefit from reduced rates.