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Question
which of the following are typically advantages of using cash? less likely to go into debt fraud protection easy to use online accepted almost everywhere safer to mail than a check none of the above
Brief Explanations
- "Less likely to go into debt": Using cash means you spend what you have, so it's harder to overspend and accumulate debt.
- "Fraud protection": Cash transactions don't involve digital risks like card fraud, though physical theft is a risk, but in terms of fraud (like unauthorized digital transactions), cash has an edge.
- "Accepted almost everywhere": Most physical businesses accept cash, unlike some digital payment methods which may not be accepted in all small or local shops.
- "Easy to use online" is incorrect as cash can't be used directly for online transactions. "Safer to mail than a check" is incorrect as mailing cash is risky (prone to theft), while checks can be stopped or have fraud protection.
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A. Less likely to go into debt, B. Fraud protection, D. Accepted almost everywhere