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Originally Posted by Hellmark
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Under US law, it may be argued that you can use the first sale doctrine to legally transfer ownership of something, including copies made for personal use. For instance, if your friend buys a book, makes an ebook copy of it, he may legally sell you the book, along with any copies he made. After the sale is done, he may no longer possess any copy, and you must retain what would be considered the source (the paper book) in order to keep hold of the digital copy. This is a bit more of a legal grey area, due to various contests to the first sale doctrine...SNIPPED...
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Interesting. I was not aware of this first sale doctrine. Thanks for the info and making the explanation so clear