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A copyright assignment agreement is crucial under U.S. federal law, as it determines the ownership of creative works. Entrepreneurs who fail to secure this agreement risk not owning their artworks. For example, if you buy a logo from a graphic designer without a copyright assignment, you may believe you own it, especially after successfully registering a trademark. However, if your brand grows and you license the logo, the designer could claim ownership and demand compensation, leading to potential legal disputes. This situation highlights the necessity of having a copyright assignment agreement to protect your rights to creative works.