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good morning everyone good morning good morning you are well yes i'm i'm well what about you i'm doing good which side of this country do you come from lord trains who are all over yes was singeisho county oh yeah you know what's in county but you people had had a long range recently isn't it yes even even it is about to rain actually okay yes that's good i'm fetching my i'm fetching my notes but we how are the other members yeah we can mute ourselves so that we start the class now let's on today is about royalties when we are talking of royalties these are periodical payments now based on output all sales when the owner of an asset has given another party normally called let's see the rise to use or utilize the asset so these are only rights all the privileges to use the property as per the agreement so you have two people here the owner of the asset is called the landlord and the person who is consuming the asset is called there let's see so you find some other versions calling the...
