Accountancy, asked by santhoshnaik6053, 3 months ago

why in dead rent clause included in royalty agreement​

Answers

Answered by venkatsaiteja022
1

Explanation:

Royalties (With Illustration)

Minimum Rent or Dead Rent of Royalties (With Illustration)! Usually, there is a stipulation that in case of low output or low sales, a certain sum of money will be payable in any case even if the royalties based on output or sales are lower. ... The minimum sum is known as minimum rent or dead rent.

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