Examlex
Which of the following is a functional joint classification?
Capital
Financial assets or resources that individuals or companies use to fund their operations and invest in their growth.
Tax Deduction
An expense that can be subtracted from gross income to reduce the taxable income, resulting in lower taxes owed.
Legally Guaranteed
Ensured or secured by law; having legal promise or assurance.
Private Property
The legal right to own and control property (such as land or buildings) by individuals or corporations.
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