What Can You Do If You Receive Counterfeit Money
Supreme Courtroom: You Bought It, You lot Own It, You lot Can Resell It
This past week the Us Supreme Court decided a case that reinforced the right to re-sell something that you had lawfully bought.
Now — you might be wondering what's so globe shattering about that. After all, hasn't that always been true? You lot own an iPad and want to become a new tablet instead? Just sell the old iPad or donate information technology or recycle information technology — considering information technology's yours and you tin exercise what you desire with it. Bought a book and no longer demand information technology? Y'all sell that, besides. Correct?
Hither in the States we have something chosen the "first sale doctrine." It simply means that once a tangible copyrighted piece of work (or something with copyright in it) is sold lawfully the first fourth dimension, the original copyright owner no longer has rights over the concrete item. After that, the buyer can do whatever he or she wants with it — sell it over again, donate it, whatever. That'due south why you can legally hold a yard sale or sell computers on eBay. The resale correct applies simply to the physical particular sold, non copies.
Most of us have resale rights for granted.
Simply that right to resell copyrighted items had been challenged in court. The Supreme Courtroom'southward decision this week reaffirmed that owners have resale rights, every bit Daniel Fisher writes in Forbes:
The U.S. Supreme Court today settled a long-simmering debate over the Copyright Act past holding that publishers tin can't forestall the resale of books they produce overseas in U.S. markets.
The decision inKirtsaeng v. John Wiley & Sons is a victory for Supap Kirtsaeng, a student who was fined $600,000 for importing Wiley textbooks from his native Thailand, where they were cheaper, and selling them in the U.S. Information technology's also a victory for libraries and retailers like eBay, who argued the "first sale" doctrine — giving owners of published books and recordings the right to sell them to whomever they want — should use to imported works as well equally U.S. publications.
The lawsuit related specifically to U.South. copyrighted items manufactured outside the United States, merely re-sold or disposed of inside the U.S.
The Owners' Rights Initiative hailed the determination as a victory for individuals, organizations and businesses. The Initiative is an advocacy grouping founded to protect owner'southward rights to purchase and sell accurate goods.
Their motto is: "You bought information technology. You ain it. You take a right to resell it."(Image above)
The Owner's Rights Initiative says you lot should be permitted to resell something you've legitimately purchased, no matter where it was manufactured. While the courtroom'southward decision puts to balance one attack on resale rights, the grouping believes there could exist other legal attacks in the hereafter. Said Lauren Perez of the American Gratuitous Trade Clan, in a video on the Owner's Rights site:
If you buy it you lot own information technology. If you paid for it, it's yours. You shouldn't accept to go ask permission of anybody to resell it. Yous shouldn't have to worry well-nigh being sued for copyright infringement considering the original copyright owner or manufacturer doesn't like you being the person reselling it… doesn't want you to realize a turn a profit from your original investment.
The Owner's Rights Initiative is backed by groups like eBay, Etsy, Overstock, the American Library Clan, the Computer and Communications Industry Clan, and even the popular used/out-of-print bookseller Powell's Books.
Below is the Supreme Courtroom's decision (only the four-page summary, also known as a syllabus):
Epitome credit: Owner's Rights Initiative
This article was updated to clarify that resale rights practise non use to copies illegally made of a copyrighted item.
Anita Campbell is the Founder, CEO and Publisher of Small Business Trends and has been following trends in small businesses since 2003. She is the possessor of BizSugar, a social media site for minor businesses.
Source: https://smallbiztrends.com/2013/03/resale-rights-you-bought-own.html
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