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Yay, Contracts!

Who doesn't like signing contracts? Yes, it's a bunch of legalese that makes your head spin, but it also means you just SOLD A STORY.

In this quickie, I go over in layman's terms:
e-rights vs. print rights
exclusive vs. non-exclusive rights
writing proposals vs. writing on spec
first refusal rights
what happens when you're brand new and you blunder into an arrangement without a contract (guess who's done that?)