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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 such an agreement, entrepreneurs may not legally own their creative works, such as logos. For example, if you buy a logo from a graphic designer without acquiring a copyright assignment, you could face issues later. You might believe you own the logo after conducting a federal trademark search and registering it, but the original designer could claim ownership and demand payment, challenging your rights to the logo despite your purchase. This situation highlights the necessity of securing proper copyright assignment agreements to protect creative works.