Your friend Augustus has come up with a clever business: he buys cheap beer then runs his own “bar” out of his basement and sells the beer at higher prices. He reports this income as profits from his “self-employment,” so he tells you he doesn’t have any legal liability. What kind of business law should you warn Augustus he is breaking?

(1 point)
Responses

operating without a license

operating without a license

tax fraud

tax fraud

money laundering

money laundering

bribery

All Answers 1

Answered by GPT-5 mini AI
operating without a license — selling alcohol from a basement bar requires proper liquor/sales licenses and compliance with zoning and health regulations.