Is it legal to resell items Singapore?

Can I legally resell a product?

Generally, it’s not illegal to resell an item that you have legitimately purchased. Once you have purchased something at retail it is yours to do with as you choose. … If you’re using manufacturers’ logos to advertise the products you’re reselling, you need their permission.

Is reselling brands illegal?

Generally, it’s not illegal to resell a product. Restrictions normally come from the platform themselves and not the manufacturer of the company. The truth is that most brands are safe to resell. You’re just not allowed to claim “brand new” or “straight from the manufacturer” because that just wouldn’t be true.

Can you sell not for resale items?

It is perfectly legal to sell something marked “not for resale”. Unless you have a contract with the entity that sold that item to you where you previously agreed in writing NOT to resell it. In that case, it’s the contract where you said you wouldn’t that makes it illegal to sell.

Is reselling unethical?

Due to the gentrification of thrift stores, the prices have risen making the once easy access to affordable clothing and items more difficult, especially for low income families. Reselling thrifted items for ten times the price and profiting off of it is what makes this practice unethical.

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Can I make a living reselling?

The resale market is no longer just for thrift store aficionados and antique collectors. … You could make thousands of dollars per month as a reseller, in fact. It’s one of the best side hustles out there, and a great idea for how to make money in your spare time.

Is it illegal to sell something at a higher price?

California. California Penal Code 396 prohibits price gouging, generally defined as anything greater than a 10 percent increase in price, once a state of emergency has been declared. … The price protection lasts for up to 30 days at a time and may be renewed as necessary.

Where can I buy items to resell?

7 Good Places To Find Items To Resell

  • Your house. The very first place you can find things to resell is your home. …
  • Thrift stores. …
  • Antique stores are great places to find items to resell. …
  • Consignment stores. …
  • Yard sale is another place to find things to sell. …
  • 6. Facebook Marketplace. …
  • Friends and families’ homes.

Can I get sued for reselling?

Many resellers are unaware that it’s illegal to use a company’s logo or trademark to market their product. If a reseller does so, they increase their risk of getting sued for trademark infringement, especially if they make a substantial amount of money.

Is not for resale legally binding?

No, the first-sale doctrine makes this unenforceable

Because it is licensed and not sold, there’s not a product that the consumer could legally resell; the license is not required to be transferrable.

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Is it illegal to buy and sell for profit?

The simple answer is no. If an individual has legitimately purchased your product, there is little you can do to stop them reselling it. … We understand that it can be frustrating having little control over your products once they have been purchased.