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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor is someone who provides services to a business without being an employee. 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 being performed by the contractor and the payment details, such as the amount and payment schedule. These elements ensure a clear understanding between the business and the contractor.