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A copyright assignment agreement is crucial under U.S. federal law, as ownership of creative works is determined by who creates them. Without this agreement, entrepreneurs may not legally own their art. For instance, if you buy a logo from a graphic designer without a copyright assignment, you might incorrectly assume full ownership. Even after conducting a federal trademark search and successfully registering the trademark, the original designer could claim rights to the logo. This could lead to disputes, where the designer demands payment for the logo you believed you owned, emphasizing the necessity of securing copyright assignment agreements to avoid potential legal issues and financial losses.
