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What are the differences between a public warehouse and private warehouse?

Give the differences between a public warehouse and private warehouse.

Answers


Maurice
(i) For a public warehouse, insurance is mandatory while for a while a private warehouse, insurance is optional.

(ii) A public warehouse is operated as an independent business while a private warehouse is operated as a department of main business.

(iii) A public warehouse is located at entry point while a private warehouse is located near the premises of owner.

(iv) A public warehouse is large in size while a private warehouse is small in size.

(v) A public warehouse is for hire to members of public while a private warehouse is for exclusive use of owner.
maurice.mutuku answered the question on July 20, 2017 at 06:29

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