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Which is NOT one of the textbook's suggestions for avoiding needless frustrations?
Liability
A liability is a company's financial debt or obligation that arises during the course of business operations, listed on the right-hand side of the balance sheet.
Asset
Resources with economic value owned by an individual, corporation, or country, expected to provide future benefits.
Tax Deductible
Expenses that can be subtracted from gross income to reduce the amount of income subject to income tax.
Repayment
The act of paying back borrowed money, usually with interest, over a period of time according to a predetermined schedule.
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