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Martha is a 50% partner in a general partnership. Which of the following would be considered a guaranteed payment to Martha? a. a payment made
Martha is a 50% partner in a general partnership. Which of the following would be considered a guaranteed payment to Martha?
a. a payment made to Martha from the profits of the partnership
b. a loan payment from the partnership to pay back a loan from Martha
c. a loan payment from Martha to pay back a loan from the partnership
d. a payment made to Martha without regard to the income of the partnership
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