Jones has an individual Customs broker license, and has operated as a sole proprietor in the El Paso Customs broker district for several years. He has just incorporated his broker business as Borderline Customs Brokers, Inc., with himself as President and Chief Executive Officer, and will continue to run the Customs operations. Before Borderline Customs Brokers, Inc. can begin conducting Customs business in the El Paso Customs broker district, which one of the following must be done?
A) Borderline Customs Brokers, Inc. must only obtain a new permit before conducting Customs business.
B) Jones must hire at least 5 employees.
C) Borderline Customs Brokers, Inc. must obtain a corporate brokerage license and a permit to conduct Customs business in the El Paso Customs broker district.
D) Jones must only obtain permission from the state government of Texas to use the fictitious name “Borderline Customs Brokers, Inc.” as a “d.b.a.” (doing business as).
E) Jones must hire a licensed employee to provide the required level of supervision and control over the daily operations of the new firm.
[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]
The Answer is: C
Citation: 19 CFR 111.1 (a), 111.2
[/bg_collapse]