With respect to shipments entering the United States, a(n) __________ is a guarantee by someone that the duties and any potential penalties will be paid to the customs
Of the importing country.
A) line of credit
B) transfer
C) bond
D) permit
E) tariff

Question

Quizplus · Accepted Answer

A bond is a guarantee by someone, such as a customs broker or importer, that the duties and any potential penalties will be paid to the customs of the importing country. This is required for certain types of shipments entering the United States. A line of credit, transfer, permit, and tariff are not related to this specific requirement.

With Respect to Shipments Entering the United States, A(n) __________