2015 October No.69 – Fines and Penalties


When submitting an Offer in Compromise on behalf of a client to settle a claim for liquidated damages, or a penalty, the broker must also submit ___________.

A) a petition for relief

B) a copy of the penalty notice

C) a tender of funds

D) a copy of the Power of Attorney

E) an additional copy of the submission

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The Answer is: C

Citation: 19 C.F.R. § 161.5 and 19 C.F.R. § 172.31

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