There have been problem with MSDN sales. Search in Meta and in Scam Accusations.
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What exactly is a MSDN Account ?
MSDN Offer you different benefits like free Azure VPS with $150 Credit per month till 1 year and also on each account it's an amount of Retail keys for Microsoft Products (Windows 8.1,8,7, Office..etc...) &you will get a windows phone developer account too.
Can you please clarify? AFAIK it is used for development and testing. It can be sold only if you have license. Isn't it misleading?
No, depending on the level of your subscription you are also allowed production (non-test & development) use of certain types of Microsoft software included with the subscription. For example you are allowed to use
one production copy of Office, Visio, Project, etc., if you have a higher subscription such as MSDN Premium or Ultimate. However, even if you are only allowed to use one copy of Office for production use, the subscription might come with 10 so called retail keys (which you can activate several times, unlike real retail keys), so in theory you could still use a legit subscription illegally. An example of this if you have an MSDN subscription from work and installed copies of Outlook on your work computer and your home computer (unless you were specifically using one copy for doing Outlook-related software development).