Chicago Basset On-Premise Server Practice Test

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Prepare for the Chicago Basset On-Premise Server Test with our detailed quiz. Utilize flashcards and multiple choice questions, complete with hints and explanations. Ace your server exam confidently!

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What was the amount of minimum liability coverage for licensees in 2012?

$150,000
$206,405.89
$100,000
$250,000

The correct answer is: $206,405.89

The minimum liability coverage for licensees in 2012 was established at $206,405.89. This amount reflects the specific legal and industry standards designed to ensure that servers and establishments are adequately protected against claims resulting from accidents or incidents that may occur while serving alcoholic beverages. Having such a defined liability coverage is crucial for both the protection of the business and the employees working in the hospitality industry. The figure of $206,405.89 was likely determined based on various factors, including the average costs of settlements in related lawsuits and the need for establishments to maintain a level of financial security for both customers and operators. The other options do not represent the established minimum coverage for that year, making them incorrect in this context. Each of those amounts could pertain to different years or jurisdictions, but for 2012 specifically, $206,405.89 is the correct figure cited in industry regulations.