October 1999 Question 20 U.S. Customs Broker License Exam Discussion
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3m 18s
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
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