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I read Kindle books on my iPad, and my husband reads Kindle books on his iPad. We are registered to the same account, and I can send the books to one or the other, or both.
He also reads Nook books on his iPad, and I read Nook books on my Nook of course. We just share an account and wade through each other's books.
I set up a different account for my daughter, but the first time I transferred a book from mine to hers, it asked for the name and credit card number the book was bought under, and now I can transfer any books to hers. That's a way to legally share as well. You have to trust them with your credit card details, so it would only be someone very close, and I imagine it's limited to how many people? I've only done it with my daughter so I haven't tested that.
Then there's the lendme feature on the nooks.
Really, the best bet might be to tell them it's good and have them look it up on their library ebook site. If theirs isn't very good, there are some libraries that will grant cards to non-residents for a fee. You end up on a waiting list usually, but if you're willing to wait a bit, you can get most of the well known books.
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