Which of these qualities guarantees the keeping of money ...
Which of these qualities guarantees the keeping of money for a long period?
Acceptability
Divisibility
Durability
Homogenity
Correct answer is C
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.
A share ducted “Cum div”, means that the dividend for the current year will be paid to t...
One advantage the co-operative society has over the company is that the ...
Which of the following is a commercial service? ...
The most essential element of a product is the ...
Which of the following business must have at least one member with unlimited liability? ...
A distinctive feature of a personal selling is the ...
The main function of thrift, credit and loans co-operative societies is to ...
The essential utility derived from the use of a product is known as ...