2003 October No.02


Which ONE of the following party or parties receives notices of liquidated damages when issued by Customs?

A) The principal and surety listed on the bond

B) Only the surety listed on the bond

C) All users listed on the bond

D) The principal and all users listed on the bond

E) The broker and principal

[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]

The Answer is: A

Citation: 19 CFR 172.1

[/bg_collapse]



Subscribe
Notify of