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question 8 of 8 what is a risk of using cash? select a response. paying more for purchases not having fraud photection not being able

Question

Question 8 of 8 What Is a risk of using cash? Select a response. Paying more for purchases Not having fraud Photection Not being able to shop in stores Paying interest on purchases

Solution

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Vânia Veterano · Tutor por 9 anos

Resposta

The correct answer is B, "Not having fraud protection". This is a potential risk associated with using cash, as it does not offer the same level of protection against fraud as credit or debit cards.

Explicação

## Step 1The question is asking about the potential risks of using cash. Cash is a form of currency that is tangible and can be used for transactions. However, there are certain risks associated with its use.## Step 2The first option, "Paying more for purchases", is not a risk associated with using cash. In fact, cash can sometimes be used to avoid paying more for purchases, as it can be used to negotiate better prices in some cases.## Step 3The second option, "Not having fraud protection", is a potential risk associated with using cash. Unlike credit or debit cards, cash transactions are not protected against fraud. If your cash is stolen or lost, you cannot recover it.## Step 4The third option, "Not being able to shop in stores", is not a risk associated with using cash. You can shop in stores using cash, but it may limit your ability to make online purchases or use certain services that require a card for identification or to build a purchase history.## Step 5The fourth option, "Paying interest on purchases", is not a risk associated with using cash. This is a risk associated with credit cards, not cash. Credit cards often charge interest on the amount of money borrowed.