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+ - File sharing is illegal, but what about lending?

Submitted by Anonymous Coward
An anonymous reader writes "We all know that making copyrighted material available for download is illegal in most countries. But suppose I wrote an application that would make it possible for me (and others) to *lend* (legally acquired) media files to other people. Every file would only be usable by one person at a time (including the original owner), making the whole thing effectively equivalent to handing over the physical media. Do you think that would still be illegal, and if so, why?"
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File sharing is illegal, but what about lending?

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