19 CFR Broker Compliance Questions With Complete Solutions

9804.0035 correct answer: Ms. Bardin, of Gatwick, England is visiting her aunt and imported her motorcycle for transportation while in the U.S. The classification for her motorcycle is? 9813.00.20 correct answer: Ms. Bardin, of Gatwick, England also designs women's motorcycle helmets and is importing 13 models of her designs to generate interest for her website. What is the correct classification for her helmets. An individual entering commercial merchandise for an acquaintance. correct answer: A broker's license is required for which of the following transactions? The importer correct answer: The request to extend the time for liquidation will be honored when the appeal comes from? 5 years correct answer: What is the maximum amount of extension time that can be granted for liquidation? Cancellation correct answer: If a permitted broker fails to have an individual employed within that district or region for seven months what happens to that permit? The license is subject to revocation by operation of law. correct answer: When a licensed broker files the status report and related fee for their corporate license, but fails to file and pay for their individual license, what happens to the individual license? The freight forwarder notifies the importer in advance with the name of the broker selected. correct answer: A broker may compensate a freight forwarder for referring brokerage business in which of the following scenarios Yes, if the broker fully discloses the facts to the customer. correct answer: Can a broker import the same merchandise as their customer ? 5 correct answer: A broker must remit to CBP past due duties, taxes, and fees received from a customer within how many business days? 30 calendar days correct answer: After filing a claim for preferential treatment of goods under the NAFTA upon importation through a formal declaration, a U.S. importer has how many days to revise the declaration if based on erroneous information? File a supplemental petition of relief correct answer: After filing a claim for preferential treatment of goods under the NAFTA upon importation through a formal declaration, a U.S. importer has how many days to revise the declaration if based on erroneous information?