When Determining the Guaranteed Payment, Which of the Following Statements

When determining the guaranteed payment, which of the following statements is correct?

A) If the distributive share is less than the guaranteed minimum amount, the guaranteed payment is equal to the difference between the distributive share and the guaranteed minimum amount.
B) If the distributive share is greater than the guaranteed minimum amount, the guaranteed payment is equal to the difference between the distributive share and the guaranteed minimum amount.
C) Guaranteed payments are payments determined with regard to the partnership income.
D) The distinction between guaranteed payments and distributive shares is clear in practice.