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Customs bonds

Counts toward CBP's Entry / Entry Summary category. 14 of the 480 released past questions are on this topic.

Where to look: 19 CFR Part 113.

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Practice questions

  1. Which section of 19 CFR is titled "Basic custodial bond conditions"?

    1. § 113.32
    2. § 113.53
    3. § 113.63
    4. § 113.72
    Answer

    C. § 113.63 in Part 113 (cbp bonds) is titled "Basic custodial bond conditions".

    19 CFR › Part 113 › § 113.63

  2. Which section of 19 CFR is titled "Corporations as principals"?

    1. § 113.22
    2. § 113.33
    3. § 113.42
    4. § 113.70
    Answer

    B. § 113.33 in Part 113 (cbp bonds) is titled "Corporations as principals".

    19 CFR › Part 113 › § 113.33

  3. What is reasonable notice when a surety terminates its agreement to accept future obligations on a bond?

    1. Five days
    2. Ten business days
    3. Thirty days
    4. Ninety days
    Answer

    C. Section 113.27(b) treats thirty days as reasonable notice unless a shorter time is shown reasonable.

    19 CFR 113.27(b)

  4. A principal asks CBP to terminate a bond without giving a termination date. When does termination take effect?

    1. On the tenth business day following the date CBP receives the request
    2. Immediately on receipt of the request
    3. On the thirtieth day after CBP receives the request
    4. At the end of the bond year
    Answer

    A. Section 113.27(a) sets the tenth business day after CBP receives the request.

    19 CFR 113.27(a)

  5. An entry is made before a required document is produced. In which box of CBP Form 7501 does the importer indicate the missing document?

    1. Box 22
    2. Box 31
    3. Box 16
    4. Box 8
    Answer

    C. Section 113.41 uses the "Missing Documents" box, box 16, of CBP Form 7501.

    19 CFR 113.41

  6. When is an unsatisfied CBP bond matter reported to the Department of Justice, absent a petition, protest, or settlement?

    1. Upon the expiration of 90 days after liability has accrued
    2. Upon the expiration of 180 days after liability has accrued
    3. Upon the expiration of 60 days after liability has accrued
    4. Upon the expiration of 30 days after liability has accrued
    Answer

    B. Section 113.52 reports unsatisfied bonds to the Department of Justice after 180 days.

    19 CFR 113.52

  7. Under the basic importation and entry bond, within what time will CBP make a demand for redelivery of conditionally released merchandise?

    1. No later than 10 days after release or the end of the conditional release period, whichever is later
    2. No later than 90 days after release or the end of the conditional release period, whichever is later
    3. No later than 60 days after release or the end of the conditional release period, whichever is later
    4. No later than 30 days after release or the end of the conditional release period, whichever is later
    Answer

    D. Section 113.62(d) says demands for redelivery will be made no later than 30 days after release or the end of the conditional release period.

    19 CFR 113.62(d)

Past exam questions on this topic