literary contracts

A literary contract is a legally binding agreement between an author and a publisher or other party. It outlines key details like who owns the rights to the work, how royalties are paid, deadlines for publication, and the scope of use. The contract protects both parties' interests—ensuring authors receive compensation and control over their work, while publishers have clear rights to publish and distribute. It also specifies what happens if either party fails to meet their obligations, providing a framework for a smooth, professional relationship.