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Does Facebook's Terms of Service allow you to sell ad or banner space on your own tab page or canvas application within Facebook?

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Per Facebook Statement of Rights and Responsibilities Section 4:

You will not use your personal profile for your own commercial gain (such as selling your status update to an advertiser).

Per Facebook Pages Terms Section 7:

Third party advertisements on Pages are prohibited.

Per Facebook Platform Polices Section 3, Sub-section E:

You can only utilize advertising or similar monetization related products or services from companies that appear on this list within Apps on Facebook.com.

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So in other words, you can embed advertising on your Canvas Application, but not on your Facebook Fan page (or TAB application), from "approved" ad providers. – Mike Barwick Feb 15 '12 at 17:58
That's precisely right! – dnbrv Feb 15 '12 at 18:07
Okay, that works with my gameplan. Thanks for the help buddy! – Mike Barwick Feb 15 '12 at 18:19

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