If an entry summary is not filed timely, CBP will immediately demand liquidated damages in which of the amounts listed below?
A. If a single transaction bond, the entire amount of the single transaction bond
B. If a continuous bond, 10% of the value of the continuous bond
C. 5% of the total entered value
D. If a single transaction bond, 50% of the entire amount of the single transaction bond
E. Total amount of duties, taxes, and fees owed
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The Answer is: A
Citation: 19 CFR 142.15
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