Question 12 of 19
Q.Hindrance of Time is removed by ________.
(a) Salesman
(b) Transport
(c) Insurance
(d) Warehouse
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2022MCQ· 1mImportance★★★★★
63% · 12/19 Questions
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Start your 14-day free trial to unlock the full solution →The answer is option (d) Warehouse.
Trade faces several hindrances, and different aids to trade remove them:
- The hindrance of time arises because goods are produced in one season or period but consumed later. Warehousing (storage) bridges this gap by keeping goods safely until they are demanded, thus removing the hindrance of time. …
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