Which of the following is true about a liquor license?

A liquor license is a legal authorization that permits an establishment to sell, serve, and consume alcoholic beverages on its premises. The correct answer signifies that a liquor license includes detailed information about the specific areas within a business where liquor can be legally sold, served, and consumed. This can encompass the bar area, dining spaces, and potentially outdoor patios, as applicable.

The details on the license are essential for regulatory compliance and help ensure that the establishment meets local laws and ordinances regarding alcohol service. Including these areas on the license allows for clarity and accountability in ensuring that the business operates within the legal framework.

The other options do not accurately represent the scope and function of a liquor license. For instance, it is not limited to bars; it can be applicable to restaurants, event venues, and other establishments. Licenses are not just valid for special events unless they are specifically designated for such purposes, and transferring a liquor license typically involves regulatory scrutiny and is often subject to state laws, making such transfers more complex than simply shifting it between locations.