Deseret News illustration
The Supreme Court will hear a case before the end of the month that could force garage sales and thrift stores out of business, according to Northern Colorado Gazette.
The first-sale doctrine, which allows consumers to sell used products they originally bought, could be in jeopardy, according to MarketWatch.
For some tips & tricks to make your garage sale go smoothly, click here.
The case that could determine it all stems from a college student shipping textbooks from his home country, Thailand, where the publisher sold them for a fraction of the price. The student would then sell them himself for a profit of $1.2 million in the U.S.
Companies with copyrights of foreign-made goods may be able to require permission to sell their goods if the Supreme Court backs up the appellate court’s decision — permissions that may come with a demand for a portion of the profit.
Such a decision could affect libraries, museums and Internet companies that are fueled by resold items like eBay or Craigslist, according to MarketWatch.
Used car sales could also take a hit since they have parts made by several different companies. This could potentially require a dealer to obtain permission from every manufacturer to sell the car, according to Northern Colorado Gazette.
EMAIL: firstname.lastname@example.org TWITTER: @SeanRParker
- Magazine honors fastest-growing Utah companies
- Elected officials, business leaders campaign...
- Contact lens makers take fight over price law...
- Delta to offer nonstop flights from Salt Lake...
- A. Scott Anderson: SBA — a critical...
- Ground to be broken Thursday afternoon for...
- Why China's market slump is good news for...
- Michelle Singletary: Students should use...
- US stocks pare losses after 1,000-point... 15
- Walmart to cease sales of semiautomatic... 12
- Utahns want diverse housing,... 9
- Teens are shopping more like their... 6
- Ground to be broken Thursday afternoon... 5
- Elected officials, business leaders... 5
- Cheating site Ashley Madison offers... 3
- Michelle Singletary: Students should... 3