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How to avoid legal ramifications for selling to minors at a house party?

I would like to have a keg as well as other alcohol and charge a price for a cup. This is my college graduation party. I would not like to be liable for selling. Is selling a cup considered selling alcohol when they have the option of what they put into it? I spoke to many of the neighbors and they are ok w/ me having a party.

Welcome to college. I would certainly be careful about who you give drinks to. I don't think you can do anything to get you out of trouble if a minor gets drunk and does something stupid during or after the party. The real question is, why are you worried about this now after 4 years of college?

One option is to charge for entry and hand out cups. If you see someone really young or someone you don't know, ask for an ID if you are that worried. You can also just ask for Tips instead of money for entry or alcohol.

If you want to cover your butt, make sure you watch out for people who are getting too wasted and cut them off/ensure they don't drive. Ensuring you have a place to crash for people who get too wasted is also a good way to stay out of trouble and finally providing some taxi service might help as well to ensure drunks get home safe.

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How does selling shares benefit a company?

I am assuming if the owner of a company decides to sell shares, then the percent of a company they own will reduce, so its like they are selling some of their ownership, and the price they sell this for will be paid to them.

If money goes from new shareholders to previous owner, how does this make the company itself richer? It must though because companies sell shares to get finance .. ?

The simple answer it doesn't. The stock exchange consists of two distinct markets. One is the Primary market where companies raise finance and the other is the Secondary market where shares that have been issued in the Primary market are traded between individuals and institutions.

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