Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/14

Click to flip

14 Cards in this Set

  • Front
  • Back
State the difference between an On-Sale and Off-Sale license.
On-Sale license allows you to sell alcohol for consumption either on or away from the premises, whereas, Off-sale allows only off-site consumption.
Define the personal guarentee of a credit application.
Personal guarentee means whoever signs there will be sure to square the account should the balance fall below zero even if it is because your business has gone under.
State 3 methods of grouping items on a wine list.
Price
Varietal
Region
Style
Etc.
State the formula for calculating product cost.
Beginning Inventory + Net Purchases – Ending Inventroy = PC$ / Sales = PC %
State the national average for wine cost %.
36%
State the average wine mark-up needed to achieve 33% wine cost, not accounting for shrinkage.
3 times the purchase price.

I.E. $10 Bottle sold on menu for $30 so cost is therefore 33%.
State the restrictions under California Tied House Laws.
Regulates wholesale - retail relationship.

Illegal
□ Unpublished discounts
□ More than 1 free sample per product
□ Wholesale investment in retail
□ Free services
□ Cash kickbacks or gifts
State the restrictions under California Dram Shop Laws.
Regulates retail - consumer relationship.

Illegal
□ Serving after hours
□ Serving minors
□ Serving intoxicated persons or known alcoholics
□ Licensee responsible for other illegal activity on premises
Name the parties who could be held liable in an alcohol related wrongful death lawsuit.
The Bartender, the Server, the owner, and even an absentee owner.
Define the term Control State.
Where the state is the retailer and wholesaler.
Name the levels of the 3-tier distribution system.
Producer
Wholesaler
Retailer
Define the term Blue Laws.
Any law designed to impact conduct on the Sabbath.
Name the levels of the 3-tier distribution system.
Producer
Wholesaler
Retailer
Define the term Blue Laws.
Any law designed to impact conduct on the Sabbath.