The quality of money which makes it possible to buy goods in small quantities is

Assessment: WAEC SSCE - Commerce - 2022 (Objective) Subject: Commerce

Question 1 Report

The quality of money which makes it possible to buy goods in small quantities is
Answer Details
The quality of money which makes it possible to buy goods in small quantities is divisibility. Divisibility refers to the ability of money to be divided into smaller units and still retain its value. This allows for transactions to occur for small amounts, as well as for larger amounts. For example, a dollar can be divided into 100 cents, making it possible to buy goods that cost less than a dollar. This quality is important for the convenience of trade and commerce, as it enables the exchange of goods and services for any desired amount of money.

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