Well it's pretty straight foward really you simply give your friend your PSN account info, They sign in and download the game from your account to their console. Becareful PSN has been watching latly and susbending accounts for it (very very few mainly because they argued a lost cause with them.). Or you can simply copy the game from the console to a USB you need a 8GB or higher. It takes a bit but all you have to do then is plug it in and inport the game data from the USB and your done.
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