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In this episode of "All Up In Your Business," attorney Aiden Kramer discusses independent contractor agreements. He defines an independent contractor as someone providing services for a business without being an employee, exemplifying this with his own role as a contractor. Kramer emphasizes the importance of having a written agreement that outlines the relationship with the contractor. Key terms to clarify in the agreement include the specific services to be performed by the contractor and the payment details. Establishing these terms helps ensure a clear understanding between businesses and contractors.