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Big Bats Beverages Company has a license to sell beverages at the Boston Ballpar

ID: 451850 • Letter: B

Question

Big Bats Beverages Company has a license to sell beverages at the Boston Ballpark. Can Big Bats Beverages transfer the license to Artic Beverages Company?

Yes, if Artic Beverages provides identical services.

No, since the license is a personal privilege.

Yes, since a license normally gives an ownership interest in the property.

No, since the license is a possessory estate.

Yes, if Artic Beverages provides identical services.

No, since the license is a personal privilege.

Yes, since a license normally gives an ownership interest in the property.

No, since the license is a possessory estate.

Explanation / Answer

Ans. Yes Big Bats Beverages can transfer the licence to Arctic Beverages if Arctic Beverages provides identical services. If another company wishes to sell beverages, one can purchase - on - premise licence or a package licence. The other type of license which can also be obtained that is quota licence, based on the population in that location.