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WAEC Commerce 2025 Objective — Question 22

Question 22 of 51 from the West African Examinations Council (WAEC) 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

Acceptability is the major quality that allows money to serve as a medium of exchange.

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