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In this video, David Schalis discusses the SMMA legal agreement, emphasizing the importance of having proper legal documentation when running a business online. He encourages viewers to subscribe for more business-related content and reminds them to activate notifications for updates. David provides a disclaimer, clarifying that neither he nor Derek are legal professionals, and that the information given shouldn't be considered legal advice. Instead, he advises consulting with a legal expert or business attorney to ensure adequate protections in the agreement. The video aims to provide valuable insights while promoting responsible business practices.