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A guaranteed payment is: Money distributed to a partner from the profits of the partnership. A loan payment from the partnership to pay back a
A guaranteed payment is:
Money distributed to a partner from the profits of the partnership.
A loan payment from the partnership to pay back a loan from a partner.
A loan payment from a partner to pay back a loan from the partnership.
A payment made to a partner without regard to the income of the partnership.
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Auditing Markets Products And Marketing
Authors: David Parmerlee
1st Edition
0658001337, 978-0658001338
