royalty is the agreement between the following persons
A.seller and buyers
B.Banker and customer
c. Trustee and beneficiary
D. land lord and lessee
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Seller and buyers is the correct answer
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ROYALTY AGREEMENT
Royalty is the agreement between SELLERS AND BUYERS.
Explaining royalty agreement between buyer and seller:
*Royalty is a legally enforceable payment paid to an individual or corporation in exchange for continued use of their assets, such as copywritten works, franchises, and natural resources.
*Royalties are a type of money generated by the owners of music or property when they license out their assets for usage by another party.
*Terms of royalty payments are put forth in a license agreement.
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