Question

Explain the difference between royalty and rent. State the advantage to landlord for imposing the condition of minimum rent

Answer 1

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##ANSWER##↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡

Difference between Royalty and Rent ... Rent is mostly payable according to time, as per day, per week, per month or ... There arises a clause in the agreement to pay minimum rent.