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Spec Work

I pulled up a job listing which requires each of the applicants to submit a logo with their application.
"All applicants are requested to provided a low-res and watermarked design concept of the logo. Applicants not providing the required sample will not be considered."
Is this not an example of spec work which is very much frowned upon by the Graphic Design Community.

Vote Result

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Score: 0.0, Votes: 0
Yep. Flag it if you feel so

Yep. Flag it if you feel so moved.