Advantages of a public warehouse to a trader

Advantages of a public warehouse to a trader.

  1. A trader can get a short-term loan by using goods stored in the warehouse as security.
  2. Goods are stored against risks such as damage by fire.
  3. Traders do not incur the high initial cost of constructing their own warehouse.
  4. Trader can look for the market for goods while they are still in the warehouse.

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