A gauranteed payment is A A payment made to a partner from t
A gauranteed 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 the loan from a partnership.
c.A loan payment from the partner to payback a loan from the partnership.
d. a payment made to a partner with out regard to the income of the partnership.
Solution
d. a payment made to a partner without regard to the income of the partnership.
Guaranteed payments to partners are payments that are guaranteed to be made to a partner irrespective of whether the partnership makes a profit or not.
