I am a student of ICWAI (Intermediate). I looking for some
information about Rayalty and Hire Purchase.
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Answer / nishchinth kumar
plz refer text book of icwai,am also a student of ICWAI.
raoyalty is one type of lease rent,which consist of lessor &
lessee etc,clearly defined in text book
| Is This Answer Correct ? | 18 Yes | 7 No |
Answer / vaibhavi
sorry i don't know but why u asking this type of question
as u r the icwai u are getting this answer from the your
teacher & don't do timepass on pc i.e on the computer do
your study in the proper ways
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / deepali
you cant take any book of b'com or a mananagement
accounting from khan and jain for full information
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / nishchinth kumar
In simple words,Royalty means A landlord gives his land to
other person on lease & the other will cultivate or take
output from that land & he will pay some fixed lease rent to
landlord.
In simple words, Hire purchase means if a person purchases
in installment from Bike showroom & the whole amount is paid
in equal installment,if the purchaser defaults his payment
then the sellor(Vendor) has full rights to bring back his
bike which he sold.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / giriraj sikri
hire purchase is simply means suppose if u have taken a
loan from a reputed bank for car loan . Your are
cuountinuous paid the same installment but in last
installment be daufalter than the seller has full rights
bring back hi car which is sold ....
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / selvi
In simple words, Royalty means a landlord gives his land to
otehr person on lease & the other will work on it and take
more output from it.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / balaji
please refer some good text books. try to collect some technical questions. if you have questions asked in companies ask those. these type of qustions does no suit a ICWAI student.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / rajesh sharma
DEAR Nischint,
You told two question,
1. Royalty, To a invention a person invest many time money
etc. therefore A consititution for the purpose of he have
right to use ehere invention for a limited time period, the
creature may use the invention or sell the right to others,
in the remuneration he get the royalty.
2. Hire Purchase is a system is a loan system where
physically asstes is used by borrower,but leagally owner of
the assets is who, who mortage the assets, you have the
possesion on assets but no have right sold or mortage to
other.
| Is This Answer Correct ? | 3 Yes | 7 No |
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