Accountancy, asked by uditpatrey123, 2 months ago

Q.10:What is Royalty?

Answers

Answered by ZalimGudiya

Answer:

A royalty is a legally binding payment made to an individual or company for the ongoing use of their assets, including copyrighted works, franchises, and natural resources.

Answered by BrainlyProfessor

Royalty is that which is rich in money.

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