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Three key qualities of a commodity are uniformity, divisibility, and transferability. Uniformity ensures that each unit of the commodity is interchangeable and has the same quality, making it easily recognizable and tradable. Divisibility allows the commodity to be broken down into smaller units without losing value, facilitating transactions of various sizes. Transferability means that the commodity can be easily bought, sold, or exchanged between parties, enhancing its liquidity in the market.

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