Which of the following is true of a partner's right to compensation?
A. Compensation is never presumed to be the partner's share of the profits.
B. The partners may agree that one or more of them is to be paid a salary in addition to sharing in profits.
C. The partners may not agree that one or more of them is to be paid a salary, which will not be deducted at the end of the year from his or her profits.
D. A partner is always entitled to salary or wages.
Answer: B
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