NECO Commerce 2025 Objective — Question 22
Question 22 of 50 from the National Examinations Council (NECO) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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The quality of money that enables it to serve as a medium of exchange is
- A. acceptabilityCorrect
- B. durability
- C. portability
- D. scarcity
Explanation
For money to function as a medium of exchange, it must be widely accepted for transactions.
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