60. Under 19 CFR 113 Custom Bonds which statement is FALSE.
A. The surety, as well as the principal, remain liable on a terminated bond for obligations incurred prior to termination
B. The amount of any CBP bond must not be less than $100, except where the law or regulation expressly provides that a lessor amount may be taken
C. Each bond must bear the date it was executed
D. If a bond is terminated, all new customs transactions may be charged against the bond
E. No person will be accepted as surety on any CBP bond while in default as principal on any other CBP bond
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The Answer is: D
Citation: 19 CFR 113.27(c)
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