What are the common legal issues in sponsorship contracts?
Common legal issues include breach of contract, intellectual property rights, and liability concerns.
How can I protect my brand in a sponsorship agreement?
You can include clauses that specify brand usage rights and approval processes for any promotional materials.
What should I do if a sponsor fails to meet their obligations?
You should review the contract for breach terms and consider legal action or mediation to resolve the issue.
Are there any specific laws I should be aware of?
Yes, laws can vary by jurisdiction, but you should be aware of contract law, advertising regulations, and consumer protection laws.
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