April 2006 Question 45 U.S. Customs Broker License Exam Discussion

Thank you for watching this video segment from October 2017 Customs Broker License Examination (“CBLE”) preparation class.

Following CBLE question is the focus of this video:

Which drawback type requires either a Single Entry Bond or a Continuous bond?

A. Waiver of Prior Notice of Intent to Export or Destroy Merchandise for Purposes of Drawback
B. Specific Manufacturing Drawback Ruling
C. Accelerated Payment
D. Direct Identification Manufacturing Ruling
E. Failure to file Notice of Intent to Export, Destroy, or Return Merchandise for Purposes of Draw-back

Correct Answer: (C).

The discussion is a part of lecture series designed to prepare for the upcoming Customs Broker License Examinations. Please visit https://www.lawcustoms.com/live/ for details about CBLE preparation classes.

We also invite you take a look at our recent publication- the 6th Edition of U.S. Customs Broker License Examination Preparation Guide Textbook – which is comprised of two volumes. Please visit https://www.lawcustoms.com/tb/ for details about CBLE preparation textbooks.