Oh good grief, strip the damn things and you won't have to worry about 'who owns them'!
I bought them, I own them, regardless of what some bureaucrat pushing a pencil behind some tiny desk somewhere says.
In the ITunes case, until someone manages to crack their code, I'd just give my password and IPad to whoever I wanted to........problem solved.
Have we really become such sheep that we blindly follow totally ridiculous "laws"?
Let the flaming begin.......this should be interesting.