Question

Which of the following is not a function of warehouses?
(a) Risk bearing
(b) Financing
(c) Transport facility to every customer
(d) Protection of good.

Answer 1

Answer:

attraction of good is not a function warehouse

Answer 2

Transport facilities to every customer cannot be regarded as the function of warehouses.

Answer: Option (c)

Explanation:  

The warehouse facilities involve storage facilities to facilitate trade. The functions include storage of goods for future use, stabilization of prices as goods are available when demand increases, bears risk from deterioration, explosion, fire, pest attack or theft etc, financing as loans are raised against the goods stored, grading and packaging as per the instructions.