Customs Broker License Exam questions with correct answers

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 Protection (CBP) that the bond amount is inadequate. How man days does the principal have to remedy the deficiency? CORRECT ANSWER-15 days from the date of notification If ABC Customs Brokers, LLC (ABC) is permitted to file more than one entry for the merchandise, as all the merchandise is arriving in one conveyance and consigned to one consignee, what type of entry will ABC file for the sample gowns for which the importer has requested a temporary importation under bond (TIB) be filed? CORRECT ANSWER-Entry type 23 ABC Customs Brokers, LLC (ABC) is filing entry at the port of unlading. What port code will ABC enter on the entry / entry summary for the port in which the entry is filed? CORRECT ANSWER-1803 Which Customs Regulation provides the process for separating quantities of merchandise into separate entries and provides the exception to the rule that all merchandise arriving on one conveyance and