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WAEC Commerce 2025 Question 22

Question 22

Money

The quality of money that enables it to serve as a medium of exchange is

  1. A.acceptability.
  2. B.durability.
  3. C.portability.
  4. D.scarcity.
Show the answer and explanation

Answer: A (acceptability.)

Explanation

Money can be used to buy things only because everyone accepts it.