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In this video, Nate discusses the importance of understanding trademark and copyright in relation to print-on-demand businesses. He emphasizes the need to handle these issues proactively to avoid legal trouble. Key points include recognizing the risks associated with designs used in custom merchandise and the significance of taking the design process seriously. Nate highlights the potential consequences of unknowingly selling copyrighted material, such as receiving a cease and desist letter from the copyright owner, even if the design was created by a paid designer. The video serves as a guide on how to navigate these legalities effectively.