Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,195,087 members, 7,957,057 topics. Date: Tuesday, 24 September 2024 at 06:10 AM

All Ola David Student Let Meet Here - Education - Nairaland

Nairaland Forum / Nairaland / General / Education / All Ola David Student Let Meet Here (497 Views)

Benjamin Ola-Akande, President Of Westminster College, U.S / Unibadan Distance Learning 2011/2012 Admited Student Let Meet Here / Nigeria Defence Academy Prospective Student,let's Meet Here. (2) (3) (4)

(1) (Reply)

All Ola David Student Let Meet Here by bisax: 2:46pm On Jan 14, 2013
Money
Money is anything that is generally acceptable as a medium of exchange and in the settlementof debts.
Trade by Barter. Is a forms of trading in which good are exchanged directly for other goods without the use of money as a medium of exchange.
PROBLEM OF TRADE BY BARTER
.No fixed rate of exchange . Wastage of time . Problem of indivisibilty. Problem of created by bulkiness of some goods .No room for deferred payment. It discourage borrowing and lending. Difficulty in storing wealth
QUALITIES OF MONEY.
General acceptability . Portability. Relative scarcity . Homogeneity . Durability. Stability. Divisibility. Recognisability.
FUNCTION OF MONEY
Medium of exachange. Unit of account. Store of value . As mesure of value. Deferred payment
FORMS OF MONEY
Coins. Commondity . Bank notes . Partial money. Legal tender. Token Money. Deposit money. Fait money. Fiduciary note. Quasi money

(1) (Reply)

Refugees Take Over UNIABUJA As School Remains Closed / Admission Into Ambrose Ali University(ekpoma) / Learn To Earn At King Of CMS Consulting At Affordable Price 0f #40,000 Nd Below

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.