Due to increasingly easy forms of credit, some businesses are no longer taking cash. What disadvantage does this create?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0AAll businesses are legally required to take cash.%0D%0A%0D%0AAll businesses are legally required to take cash.%0D%0A%0D%0AThese businesses are paying fees on all transactions.%0D%0A%0D%0AThese businesses are paying fees on all transactions.%0D%0A%0D%0AThose without American currency cannot buy goods.%0D%0A%0D%0AThose without American currency cannot buy goods.%0D%0A%0D%0AThis means that there will be fewer bills in circulation.

Question

Due to increasingly easy forms of credit, some businesses are no longer taking cash. What disadvantage does this create?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0AAll businesses are legally required to take cash.%0D%0A%0D%0AAll businesses are legally required to take cash.%0D%0A%0D%0AThese businesses are paying fees on all transactions.%0D%0A%0D%0AThese businesses are paying fees on all transactions.%0D%0A%0D%0AThose without American currency cannot buy goods.%0D%0A%0D%0AThose without American currency cannot buy goods.%0D%0A%0D%0AThis means that there will be fewer bills in circulation.

Answer 1

(1 point)

Those without American currency cannot buy goods.

While businesses may prefer to only accept credit cards or other forms of digital payment due to convenience and lower risk of theft, this can exclude potential customers who do not have access to those forms of payment or do not have American currency. This can result in lost sales and a negative impact on customer relationships.