A Tennessee law provided that persons that wish to obtain a liquor license for the importation and sale of alcohol would have to be residents of the state for at least two (2) years prior to application for the license. The State argued that the residency requirement was designed to ensure that licensees were available for service of process in lawsuits, provides the State with an opportunity to determine the applicant's fitness to sell alcohol, and to prevent undesirable non-residents from moving into the state solely to operate a liquor store. Two applicants that did not meet this residency requirement applied for a license. Would the State's denial of the application based on the residency requirement violate the commerce clause? Question 1 (1 point) Which of the following accurately describes the federal constitutional rule that applies to this situation? A state actor may not take a property interest of a citizen without paying fair compensation The Commerce Clause power limits federal regulation of commerce to instrumentalities of interstate commerce, and activity that substantially impacts interstate commerce. The Commerce Clause power limits state regulation that benefits in-state businesses while harming out-of-state businesses State courts lack jurisdiction over out-of-state defendants that lack sufficient minimum contacts with the state.