2017 October No.05 – Bonds


5. What is the minimum amount of any CBP bond?

A. Not less than $100, except when the law or regulation expressly provides that a lesser amount may be taken

B. Not less than $100, without exception

C. Not less than $1000, without exception

D. The CBP bond must be equal to the value of the merchandise.

E. A minimum of 50 percent of duties, taxes and fees

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The Answer is: A

Citation: 19 CFR ยง 113.13

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