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What happens if your client doesn't pay?
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How long will this arrangement last?
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Who will own the intellectual property that you create for your client?
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How will your client and you protect each other's confidential information? Will your client and/or you be allowed to publicize this contractual relationship?
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Do you want to restrict your client's ability to hire your workers?
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Will you be restricted from providing services to competing clients?
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How and where will disputes be resolved?