What if I were to cut the Versace or Nike logo off of an old, ruined piece of clothing, sew or glue the logo onto other piece of clothing and then sell it.
I would tell the buyer in advance that the logo had been sew on and that the product wasn't created by the designer named on the logo. This would eliminate any concern of fraud.
Is this a legal and viable business strategy, or would this infringe upon the copyrights and trademarks of the designer? Would there be liability associated with this business plan?