Which of the following statements about "Dram Shop" laws is correct?

Dram Shop laws are regulations that hold alcohol-serving establishments legally accountable for the harm caused by serving alcohol to visibly intoxicated individuals or minors. This legal concept is designed to promote responsible alcohol service and reduce the risk of accidents and injuries resulting from excessive drinking.

The correct statement highlights that these laws establish liability, meaning that if an establishment serves alcohol to an intoxicated person and that person subsequently causes injury to themselves or others, the establishment can be held responsible for the resulting damages. This serves as a deterrent against irresponsible serving practices and ensures that businesses take their role in public safety seriously.

Understanding the implications of Dram Shop laws is crucial for hospitality businesses, making option B the accurate and relevant description in this context. This highlights the importance of responsible alcohol service and the legal repercussions of negligence in this regard.