Which is a Better business, Checks or Cash?

Question

My RoomMate is paying me in Cash for the Rent and other expenses.

Is cash a good way to pay things off?

I'm the one who pays for the Rent. My roomate pays me its share and I go pay the Rent off.

Which is Better for my Roommate to pay off with?

Answer 1

The potential always exists that a check becomes worthless.  There is virtually no chance of that happening to the currency in a developed country like the US.  There are some advantages to checks, though.  Checks provided documentation for both the recipient and for the payer.  The only way to document cash is to issue a duplicate (or more) receipt showing payment and signed by both parties.

Answer 2

three words:

Cash is king