Question

One advantage of using cash for all purchases is that cash ___.

1)is easily lost or stolen
2)is accepted in all financial transactions
3)is not likely to be subject to finance charges
4)is issued directly by financial institutions such as banks

Answer 1

Answer:

from the given set of potions, the most suitable answer is 3)is not likely to be subject to finance charges

Explanation:

when you work using bank over drafts, credit cards (for short term requirements) or loans (for long term requirements), certain transaction costs, fiance charges and even levies and taxes can add up. So it is always better to use cash.