Which statement about liquor license categorization is true?

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Multiple Choice

Which statement about liquor license categorization is true?

Liquor licenses come in two main forms: brand-new licenses issued for the first time and licenses that have been previously issued and are transferred to a new owner or location. In practice, many transactions involve transferring an existing license rather than obtaining a new one, which means the license has already been used. This is why the statement that new licenses are issued for the first time and previously issued licenses have been used before is accurate. The other ideas aren’t reliable: costs aren’t fixed to be higher for new licenses, licensing categories go beyond simple on-sale vs off-sale, and licenses can indeed be transferred with proper ABC approval.

Liquor licenses come in two main forms: brand-new licenses issued for the first time and licenses that have been previously issued and are transferred to a new owner or location. In practice, many transactions involve transferring an existing license rather than obtaining a new one, which means the license has already been used. This is why the statement that new licenses are issued for the first time and previously issued licenses have been used before is accurate. The other ideas aren’t reliable: costs aren’t fixed to be higher for new licenses, licensing categories go beyond simple on-sale vs off-sale, and licenses can indeed be transferred with proper ABC approval.

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