Elements 5, give away to a friend

I have Elements 3, 5, 7 full registered versions and would like to give (not sell) Elements 5 to a friend to install on his system. Am I allowed to do that and will he be allowed to register it in his name?
Thanks

Is there any way to know through Adobe Store that my purchase is transferable or not?
How do I know this during buying any software?
+ Ripple (VJ)

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    Insanity is hereditary, you get it from your children

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