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Choose the response that correctly describes a guaranteed payment. A loan payment from the partnership to pay back a loan from a partner. A loan

Choose the response that correctly describes a guaranteed payment.

A loan payment from the partnership to pay back a loan from a partner.

A loan payment from the partner to pay back a loan from a partnership.

A payment made to a partner from the profits of the partnership.

A payment made to a partner without regard to the income of the partnership.

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