Question: A guaranteed payment is: A) A payment made to a partner from the profits of the partnership. B) A loan payment from the partnership to

A guaranteed payment is: A) A payment made to a partner from the profits of the partnership. B) A loan payment from the partnership to pay back a loan from a partner. C) A loan payment from a partner to pay back a loan from the partnership. D) A payment made to a partner without regard to the income of the partnership.

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