Following CBLE question is the focus of this video:
The Port Director may waive the requirement for surety or cash deposit on the bond required at the time of entry. Which one of the following items does NOT constitute a condition for granting this waiver?
A. The value of the merchandise which the bond secures does not exceed $2,500.
B. The importer has not been remiss in any transaction with Customs.
C. The entry summary documentation is filed with estimated duties attached prior to release.
D. The importer has not been delinquent in any transaction with Customs.
E. The value of the quota merchandise which the bond secures does not exceed $1,250.
Correct Answer: (E).
#142.4
#Code of Federal Regulations (CFR) Title 19
CBLE Link: https://www.lawcustoms.com/wp-content/uploads/2025/02/101999-CBE-Exam.pdf
Up Next in October 1999 CBLE
-
October 1999 Question 22 U.S. Customs...
Following CBLE question is the focus of this video:
Which of the following statements is INCORRECT with regards to ruling letters?
A) A tariff classification ruling will be applied only to identical merchandise.
B) Valuation rulings are applied only to transactions involving the same merchandi... -
October 1999 Question 73 U.S. Customs...
Following CBLE question is the focus of this video:
Tom Jones, a newly licensed broker who has gone into business for himself, receives a visit by a special agent from Customs. The special agent tells Tom that Customs is investigating one of his clients. The special agent asks to review Tom’s fi...