To find the quotient of two fractions, we divide the numerator of the first fraction by the denominator of the first fraction, and then multiply the result by the second fraction.
So, we have
(1/2) ÷ (12/7) = (1/2) * (7/12).
To simplify this, we can cancel common factors. In this case, the factors of 2 and 7 are prime numbers, so we cannot cancel any factors.
Now we multiply across:
(1/2) * (7/12) = (1*7) / (2*12) = 7/24.
Therefore, the quotient of 1/2 and 12/7 is 7/24.