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In the U.S., works created for hire are protected for ____ years from the date of publication.
Oral Contract
An agreement between parties spoken and agreed to aloud rather than written, yet is legally binding.
Consideration
The benefit, interest, right, or profit involved in an agreement or contract, on which it is based.
Statute of Frauds
A legal concept requiring certain types of agreements to be executed in writing and signed by the parties involved to be enforceable.
Collateral Promises
Agreements that are secondary to a primary transaction or promise, often requiring the backup of an asset as security.
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