The-definition.com

Definition

Dram shop law

Dram shop law is a law that imputes negligence to the owner of a business that sells liquor in the event that an intoxicated customer causes injury or property damage to another person.

Share it:  Cite

More from this Section

  • Drawee
    Drawee is the individual or entity on whom a draft is drawn. ...
  • Target financing rate
    Target financing rate is the European Central Bank’s target for the overnight cash rate, ...
  • Documentary credit irrevocable
    Documentary credit irrevocable is an irrevocable documentary credit is a definite undertaking ...
  • Theory of Comparative Advantage
    The theory of comparative advantage provides a basis for explaining and justifying international ...
  • Public benefits
    Public benefits is the aspect of a bank merger or holding-company acquisition application ...