2024 April No.03 – Broker Compliance


3. ZXY Importer (ZXY) is switching c ustoms brokerage s. ZXY is terminating its relationship with Slick Customs Brokerage Co. (Slick). The power of attorney contract between ZXY and Slick was granted for an unlimited time period. Which of the following parings correctly indicates who may revoke the power of attorney between ZXY as the principal and Slick as the agent?(2024 April No.3 Broker Compliance)

A) Principal Yes, Agent No

B) Principal No, Agent Yes

C) Principal No, Agent No

D) Principal Yes, Agent Yes

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The Answer is: D

Citation: 19 CFR 141.35
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