Originally Posted by HarryT
Most DRM formats provide a mechanism to share the book with your friends, family, etc. No, you can't re-sell them, generally speaking; this will be specified by the T&C at the store where you buy the book from.
Good point but i did say non DRM ebooks and Paper backs also contain the same notice in the fronto of books stating not for hire or resale... yet i dont see the police seizing materials from my local secondhand bookstore.
Patricia the author loses out on the royalties if I lend the paperbook around to 4 or 5 people as I and those people wont purchase it (some reference books I may but not a general novel)
The torrent one is a non issue really for me and not relevant! someone could borrow a pbook from me and put it on a torrent!