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In this video tutorial, business attorney Roxanne Smithers discusses the Master Application Development Agreement for app developers. This agreement outlines the terms of the relationship between developers and their clients, allowing for ongoing projects without the need to negotiate a new contract each time. Instead, developers can issue a detailed scope of work for each specific project, which is governed by the master terms. The video emphasizes the importance of understanding the first section of the agreement, which covers the scope of services, providing preliminary information for the contract framework.