Accountancy, asked by Iihgfgbbhu9863, 8 months ago

Similarities between royalty and rent

Answers

Answered by Anonymous
1

Answer:

Explanation:

Answer: The peculiar features of Nazism were (i) Nazis believed in the idea of one people, one empire and one leader. (ii) It did not tolerate other parties and tried to crush all other organizations and parties and wanted to remove socialism, communism and democracy from Germany.

Answered by nidhighosh06sl
0

Answer:

Rent and royalty

Explanation:

Royalty is the remuneration payable as per the agreement for acquiring a special right for using another's property. This amount which is paid as a consideration for the use of Special Rights is called Royalty.  

On the other hand,

Rent is the amount payable to a landlord for the usage of its property.

or it is remuneration payable to the owner of the goods for use of his/her goods and services.

Similarities between royalty and rent are as follows:

  • Rent is the consideration payable for the use of some tangible asset, here tangible assets mean Building and Machinery, etc, Royalty is the consideration payable for the use of a Special Right in a tangible or intangible asset.
  • Rent is mostly payable according to time as per day, per week, per month, or per year. But royalty depends on the Yield or Production  
  • Examples of royalty are:
  1. Mining
  2. Oil-wells Royalties
  3. Patent
  4. Brick Making
  5. Trade Mark
  • Examples of Rent are:
  1. For the use of sand from the riverbed
  2. Flat given for rent
  3. Warehouse given for usage
  4. For taking out fish.
  5. For taking out or producing various articles from forests.

#SPJ2

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