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A copyright assignment agreement is crucial under U.S. federal law, as the creator of a work typically owns it. Without this agreement, entrepreneurs risk not owning their creative works. For example, if a logo is purchased from a graphic designer without a copyright assignment agreement, issues can arise later. You might conduct a federal trademark search and register the trademark, believing everything is fine. However, if the brand grows and you license the logo to other companies, the designer may later claim ownership and demand payment since you lacked the proper agreement, leading to potential legal complications.