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What do you mean by Public Warehouse ?


The warehouses which are owned and managed by government agencies are called public warehouses.
These godowns are large sized and are used by all persons such as traders, farmers, exporters and importers.
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What is meant by cold storage houses ?

Explain any three considerations which a business firm should take into account for choosing a suitable mode of transport.

Under the principle of subrogation, why does the right of ownership of damaged property pass on to the insurer after the compensation has been paid to the insured ?

How does the insurance distribute the loss ?

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