I'm not a lawyer, but I do have some questions that may help me give some advice:
Does the device your team is planning on selling have access to the Android Market? I'm assuming not, unless it is a telephone and is recognized by Google.
Are any of the apps paid-apps? If so, that might be an issue if each copy isn't paid for somehow. How many apps are you guys planning on pre-installing on this device? You may want to think about contacting each developer and asking what their opinion is. In my opinion, it is better to check with the developer before hand rather than risk some sort of lawsuit after it is too late.
As for Google/Android, I don't know whether they would have any problems with your teams actions, but again, it is always better to ask them, or find a lawyer knowledgeable in the matter.
I went ahead and closed/deleted the duplicate thread in a different section of the forum, as this one is in a better location in the forums.
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