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.

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 p

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