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In this video, the channel discusses their exact sales and service agreement used to finalize business deals. The presenter explains the significance of each line in the contract and emphasizes its role in the sales process, occurring after potential clients have reviewed pricing, proposals, and references. This agreement must be signed to officially close the deal. The presenter mentions that they invested around $1,000 in legal fees to create the document, indicating it holds substantial value. Additionally, viewers are encouraged to stay until the end to receive an editable version of the contract.