Importing carrier - Study guides, Class notes & Summaries

Whose bond is liable when merchandise is delivered directly to a container station from an importing carrier before merchandise is formally receipted? CORRECT ANSWER-Importing Carrier Which regulation discusses U.S. Customs and Border Protection's (CBP) authority to require Customs bonds? CORRECT ANSWER-19 CFR, Part 113 What type of bond is needed to operate as a custodian of bonded merchandise? CORRECT ANSWER-Bond Type 2 A bond principal receives written notice from Customs and Border...

Typical Process for Importing goods correct answersStep 2: Carrier files the manifest and delivers Upon Presentation of Refugee Travel Doc correct answersEndorse I 94 & I 571 What do you write on Evidence bag correct answersFDAU Control # A Cargo manifest often contains several bill of lading correct answersCosignee General Release correct answersDoes not require Physical Evidence Immediate Transportation correct answersPort to Port, when importer wants goods transported to anothe...

CBP EXAM 8 Questions With Verified Answers. Typical Process for Importing goods - answerStep 2: Carrier files the manifest and delivers Upon Presentation of Refugee Travel Doc - answerEndorse I 94 & I 571 What do you write on Evidence bag - answerFDAU Control # A Cargo manifest often contains several bill of lading - answerCosignee General Release - answerDoes not require Physical Evidence Immediate Transportation - answerPort to Port, when importer wants goods transported to another CBP...

CTB Exam Questions & Answers 2023/2024 Export Declaration - ANSWER-This is filed w/ agency of exporting country, describing goods. Primarily used to collect trade statistics... Deck Receipt - ANSWER-Ship terminal gives for goods delivered; then held until goods are loaded into ship... Customs Invoice - ANSWER-Assessment information on shipments regarding duty charges Consumption Entry - ANSWER-this document is prepared by importing custom house broker for shipments requiring custom...

Entry documents must be filed within _____________ calendar days of the date that a shipment arrives in the United States. A. 5 B. 7 C. 10 D. 15 E. 30 correct answer: D REFERENCE Ace Business Rules Section 1.3 Entry Filing If there is a difference of less than $20.00 between the total amount of duties, taxes, and fees, including interest in the original liquidation, pertaining to a Post Summary Correction, U.S. Customs and Border Protection (CBP) has the authority to disregard th...

California property and casualty exam, Pool Questions & Answers. Verified. Rated A The process where by a mutul insurer becomes a stock company is called - Demutalization The process whereby a stock company a mutal insurer is called - Mutalization The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause The part of the policy that states the amout of coverage the insured property policy period is - Declara...

Customs Broker License Exam Questions With Complete Solutions

The failure of a corporate broker to have at least one officer of the corporation with a valid individual broker's license during any continuous period of days may result in the revocation (by operation of law) of the license and any permits issued to the corporation. A. 180 B. 30 C. 100 D. 120 E. 90 correct answer: D. 120 19 CFR 111.45(a) CUSTOMS BROKERS Revocation by operation of law. Records of broker-related financial transactions must be retained for at least . A. 2 years B. ...

Entry documents must be filed within _____________ calendar days of the date that a shipment arrives in the United States. A. 5 B. 7 C. 10 D. 15 E. 30 D REFERENCE Ace Business Rules Section 1.3 Entry Filing If there is a difference of less than $20.00 between the total amount of duties, taxes, and fees, including interest in the original liquidation, pertaining to a Post Summary Correction, U.S. Customs and Border Protection (CBP) has the authority to disregard the difference and l...

WGU C711 Intro to Business - Ch. 3 - Exploring Global Business 100% Solved All business activities that involve exchanges across national boundaries? International business The ability to produce a specific product more efficiently than any other nation? Absolute advantage The ability to produce a specific product more efficiently than any other product? Comparative advantage Selling and shipping raw materials or products to other nations? Exporting Purchasing raw materials or products in ot...