Social Host Liability

Filed Under »
Dictionary Says

Definition of 'Social Host Liability'

A legal term and area of law that deals with the liability of a person who supplies liquor to a guest. Under social host liability laws, the host shares any liability incurred as a result of actions by an intoxicated guest to whom he or she has served liquor. This law can have important implications for businesses that serve alcohol.
Investopedia Says

Investopedia explains 'Social Host Liability'

Social host liability laws hold the host liable not only for injuries suffered by an intoxicated guest, but also for injuries or death to third parties arising from actions taken by an inebriated guest. These laws have particular relevance in the area of drinking and driving, with the host sharing the liability if an inebriated guest meets with an accident. The scope of social host liability laws varies in different jurisdictions, with some states focusing on serving of liquor to underage youth rather than to intoxicated adults.

Articles Of Interest

  1.

    Beginner's Guide To Auto Insurance

    Find the perfect policy that suits both your coverage and budgetary needs.

  2. Protect Your Company From Employee Lawsuits

    Understanding employment practices liability insurance is easy, once you know the basics.

  3. Filling The Gaps In General Liability Insurance

    Standard liability coverage may not be enough. Special needs call for specialized policies.

  4. Should You Add A Securities License To Your Qualifications?

    Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it.

  5. How To Report A Tax Cheat

    If you report a tax evader to the IRS, you could be eligible for a reward.

  6. GAAP And The IFRS Standards Convergence Efforts In 3 Substantial Areas

    Understand the specific steps that have been taken in hopes of converging the GAAP and the IFRS accounting standards, despite the philosophically and culturally based methodological differences ...

  7. How Much Will Your Taxes Rise Based On Your Salary?

    Find out how high your taxes will rise this year.

  8. Department Of Justice Sues Standard & Poor's Over Mortgage Crisis - Is Moody's Next?

    The U.S. Department of Justice sued Standard & Poor's and is seeking more than $5 billion in damages.

  9. New Tax Laws To Watch Out For In 2013

    With a new year comes new laws, and in 2013 the U.S. government has implemented several changes to the tax code.

  10. How Does The Affordable Care Act Affect Your Taxes In 2013?

    Here is a look at how the Affordable Care Act will affect your taxes in 2013 and beyond.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Yield Elbow

    The point on the yield curve indicating the year in which the economy's highest interest rates occur. The yield elbow is the peak of the yield curve, signifying where the highest interest rates occurred.

  2. Xenocurrency

    A currency that trades in markets outside of its domestic borders.

  3. Wanton Disregard

    A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly.

  4. Ultra ETF

    A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of a set benchmark.

  5. Toehold Purchase

    A purchase of less than 5% of a target company's outstanding stockmade by an acquiring company. A toehold purchase of just under 5%, while not a significant stake in a firm, allows the shareholders a "toe-holds" grip on the company and its decision making.

  6. Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations.
Trading Center
http://sp.fastclick.net/ad/tr/10858-64082-15546-0?mpt=66736112798ec0a405b4422d96d2676e