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Does Amazon have the right to not sell certain books? Certainly. They are a private entity, and as such, they can choose what they want to sell.
Does Amazon have the right to sell you something, then take it back from you? Well let's see: if I go to my local bookstore and they sell me a pornographic book by mistake, do they have the right to break into my house and take the book away from me later? Even if they reimburse me? I think not.
That sort of corporate behavior (or rather, the potential for that sort of corporate behavior) is why I never trust any company for anything. My books are in my hard disks, and so is my music, my photos and my movies, in ubiquitous open formats. It's also why I vote with my wallet and choose not to give them any of my business whenever possible.
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