checks have many advantages. they give you access to all of the money in your bank account, without having…

checks have many advantages. they give you access to all of the money in your bank account, without having to carry the cash with you. checks can be canceled if they are lost or stolen, so they are safer to carry and send in the mail than cash. as long as you have enough money in your bank account, there are no extra fees for using checks. checks also give you a record of your purchases to help keep track of your spending. checks also have several disadvantages. writing a check takes longer than paying with cash. to have a checkbook, you need to open a checking account at a bank. if you write a check for more money than you have in your account, you will likely be charged fees by your bank and by the business that received your check. some businesses will not accept checks, especially for online purchases. and criminals can steal checks and cash them, if you dont cancel missing checks right away. which of the following are drawbacks of using a check? select two. paying with a check is slower than paying with cash. you must have a bank account to use a check. checks do not record how you spend your money. banks charge a small fee each time you pay with a check.

checks have many advantages. they give you access to all of the money in your bank account, without having to carry the cash with you. checks can be canceled if they are lost or stolen, so they are safer to carry and send in the mail than cash. as long as you have enough money in your bank account, there are no extra fees for using checks. checks also give you a record of your purchases to help keep track of your spending. checks also have several disadvantages. writing a check takes longer than paying with cash. to have a checkbook, you need to open a checking account at a bank. if you write a check for more money than you have in your account, you will likely be charged fees by your bank and by the business that received your check. some businesses will not accept checks, especially for online purchases. and criminals can steal checks and cash them, if you dont cancel missing checks right away. which of the following are drawbacks of using a check? select two. paying with a check is slower than paying with cash. you must have a bank account to use a check. checks do not record how you spend your money. banks charge a small fee each time you pay with a check.

Answer

Brief Explanations:

The text lists drawbacks of using checks. It states that writing a check takes longer than paying with cash and that to use a check, one must open a checking - account at a bank. It also mentions that checks give a record of purchases and that there are no extra fees for using checks as long as there is enough money in the account.

Answer:

  1. Paying with a check is slower than paying with cash.
  2. You must have a bank account to use a check.