Question

Private warehouses are used only by its owners. (State with reason whether the given statement is true or false)

Answer 1

Private warehouse is managed and used by the private companies, who are the legal owners of those buildings.

The manufacturing industries often need such warehouses on their working sites and also for fixed purposes.

These companies are the sole owners of these private warehouses and save money of the companies in storing their raw materials and finished products safely, along with discreet tax benefits on this ground.