Question

difference between rent and royality​

Answer 1

Answer:

Rent is A fee given when a object is given for use to some Other person.

Eg:You pay Rent for your Flat every Month

Royality is A situation when you are having a rather systematic and arranged way of doing things. It gives a feeling of superiority.

Eg: The Kings Are from Royality

Explanation:

Hope It helps

Answer 2

Answer:

Rent is mostly payable according to time, as per day, per week, per month or per year etc. But the payment of royalty depends on yield or production. Payment of royalty is a business expense.

Royalty

(1). The parties are known as lessor, author, patent- holder and lessee, publisher, patent- holder and lessee, publisher, patentee, etc.

(2)There arises a clause in the agreement to pay minimum rent.

Rent

(1)The parties are known as tenant and landlord.

(2)No such clause is there.

hope it helps yrr