the branch of commerce which removes the hindrance of time
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Warehousing Storage and warehousing activities remove the hindrance of time by facilitating holding of stocks of goods to be sold as and when required. Warehousing helps business firms to overcome the problem of storage to prevent loss or damage and facilitates the availability of goods when needed.
Explanation:
Hindrance of person refers to the problem of contact between producers and consumers commerce removes. This hindrance is removed by trade.
Hindrance refers to the problem of distribution of goods at distant places without loss. Commerce removes this hindrance by transportation.
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Answer:
warehousing is the branch of commerce which removes the hindrance of time
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