What does the "dram shop law" in Texas entail?

The "dram shop law" in Texas addresses the liability of establishments that serve alcohol. Specifically, it permits a bar or tavern to be held legally accountable if they serve alcohol to a visibly intoxicated person and that person subsequently causes injury or damage to another individual or property. This law underscores the responsibility that businesses have when serving alcohol, emphasizing the need for responsible service practices. By holding establishments accountable, the law aims to reduce instances of drunk driving and alcohol-related harm, thereby promoting safer environments in public spaces.

The other choices involve various aspects of alcohol regulation but do not accurately describe the essence of the dram shop law. For example, serving times, pricing regulations, and location restrictions pertain to different regulatory frameworks that do not directly relate to the liability of establishments for the actions of their patrons.