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Tony Talermo is a 60% partner in a general partnership. Which of the following would...

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Accounting

Tony Talermo is a 60% partner in a general partnership. Which of the following would be considered a guaranteed payment to Tony?

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

b. A loan payment from Tony to pay back a loan from the partnership.

c. A payment made to Tony from the profits of the partnership.

d. A payment made to Tony without regard to the income of the partnership.

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