− | A '''second-hand''' or used good is one that is being purchased by or otherwise transferred to a second or later [http://en.wikipedia.org/wiki/End_user end user]. A used good can also simply mean it is no longer in the same condition as it was when it was first transferred to the current end user. Used [[goods]] may be transferred informally between [[friends]] and [[family]] for free as "hand-me-downs" or they may be sold for a fraction of their original price at garage sales or in church [http://en.wikipedia.org/wiki/Bazaar bazaar] fundraisers. [[Governments]] require some used goods to be sold through regulated [[markets]], as in the case of items which have [[safety]] and [[legal]] issues, such as used firearms or cars; for these items, government licensing bodies require certification and registration of the sale, to prevent the sale of stolen, unregistered, or unsafe goods. As well, for some high-value used goods, such as cars and motorcycles, governments regulate used sales to ensure that the government gets its sales tax revenue from the sale.[http://en.wikipedia.org/wiki/Second_hand] | + | A '''second-hand''' or used good is one that is being purchased by or otherwise transferred to a second or later [https://en.wikipedia.org/wiki/End_user end user]. A used good can also simply mean it is no longer in the same condition as it was when it was first transferred to the current end user. Used [[goods]] may be transferred informally between [[friends]] and [[family]] for free as "hand-me-downs" or they may be sold for a fraction of their original price at garage sales or in church [https://en.wikipedia.org/wiki/Bazaar bazaar] fundraisers. [[Governments]] require some used goods to be sold through regulated [[markets]], as in the case of items which have [[safety]] and [[legal]] issues, such as used firearms or cars; for these items, government licensing bodies require certification and registration of the sale, to prevent the sale of stolen, unregistered, or unsafe goods. As well, for some high-value used goods, such as cars and motorcycles, governments regulate used sales to ensure that the government gets its sales tax revenue from the sale.[https://en.wikipedia.org/wiki/Second_hand] |