CNET reports that George Hotelling has successfully resold a song he purchased through Apple’s iTunes Music Store, “ending a weeklong exercise he hoped would highlight the legal and technical nuances of emerging digital music services.” Hotelling said he transfered the song to a friend, Keith Elder. “In order to close the deal, Hotelling said he had to transfer control of his entire iTunes Music Store account to Elder. He said he intends to demand 50 cents from Elder for the account, which included one song… Hotelling said he accomplished the transfer by changing his account credit card to a prepaid card he purchased at a 7-Eleven store. After spending most of the money on the card, he gave Elder his iTunes account information and password.” Hotelling last week put the song up for auction, but eBay pulled the auction, saying it violated its listing policies.