Which of these qualities guarantees the keeping of money for a long period?

Commerce

WAEC 2010

A. Acceptability
B. Divisibility
C. Durability
D. Homogenity

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Correct Answer: Option C

Explanation

Durability is critical for money to perform the related functions of medium of exchange and store of value. An item must be able to withstand being used repeatedly.

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Which of these qualities guarantees the keeping of money for a long period?

Correct Answer: Option C

Explanation

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