Compared to cheques, paper currency and coins have the major drawbacks that they ________.
A) are easily stolen
B) are hard to counterfeit
C) are not the most liquid assets
D) must be backed by gold

Question

Quizplus · Accepted Answer

Paper currency and coins are more susceptible to theft due to their physical nature, making them easily stolen compared to cheques, which can have various security features and are traceable.

Compared to Cheques, Paper Currency and Coins Have the Major