Can I sell licensed full version Master Collection CS5 without license transfer?

I purchase a full version of Adobe Master Collection CS5 on eBay and registered it with Adobe. I am now using the Creative Cloud and do not need it anymore but apparently Adobe has a rule that if you purchased it from eBay and/or it was discounted by a high margin that you can not transfer the registration. Does this prevent me from selling it to a someone who does not mind that they can not register it?
I guess I am also asking - can someone use a licensed version of the Master Collection - install it on their computer and have full functionality - but not register it?

No. Your AdobeID is yours alone - letting anyone else use it would breach your license.
There is no special limitation on transfer of software that was legally purchased from a reseller, even if it was discounted - with the exception of educational and volume licenses. You're only allowed to transfer four licenses in your lifetime (that's to stop people setting themselves up as a bulk reseller) but the same license can be transferred more than once.

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    Date: Sun, 9 Oct 2011 02:21:36 -0600
    From: [email protected]
    To: [email protected]
    Subject: Cant install Adobe Master Collection cs5.5
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