Recently a poster offered his fvsf content for trade...another poster accused him of defrauding the producers, and the whole thread was deleted by the moderator.
Although I don't have any fvsf material to trade or resale, I wanted to find out the legality aspect of it and found the 'Doctrine of First-Sale' A legal principle that limits a rightsholders rights to control content after it has been sold for the first time. According to first sale doctrine, lawful ownership of an item, such as a DVD of a movie, a music CD or a book, is not the same as owning the copyright of the item. The owner of the item may lend, resell, give away and or/destroy the copyrighted item but is not granted the right to copy the item in its entirety. The transfer of the copy does not include the transfer of the contents copyright. The legal principle applies to physical items as well as digital content that is downloaded over the Internet.
The first-sale doctrine creates a basic exception to the copyright holder's distribution right. Once the work is lawfully sold or even transferred gratuitously, the copyright owner's interest in the material object in which the copyrighted work is embodied is exhausted. The owner of the material object can then dispose of it as he sees fit. Thus, one who buys a copy of a book is entitled to resell it, rent it, give it away, or destroy it. However, the owner of the copy of the book will not be able to make new copies of the book because the first-sale doctrine does not limit copyright owner's reproduction right. The rationale of the doctrine is to prevent the copyright owner from restraining the free alienability of goods. Without the doctrine, a possessor of a copy of a copyrighted work would have to negotiate with the copyright owner every time he wished to dispose of his copy. After the initial transfer of ownership of a legal copy of a copyrighted work, the first-sale doctrine exhausts copyright holder's right to control how ownership of that copy can be disposed of. For this reason, this doctrine is also referred to as "exhaustion rule."