April 2018 — Question 61
Which one of the following bonds is required to be Single Entry?
- ABasic Custodial Bond
- BControl of Containers and instruments on International traffic Bond
- CCommercial Gauger Bond
- DProduction of Bill of Lading Bond✓ CBP's answer
- EForeign Trade Zone Operator Bond Category X – Free Trade Agreements
Why this answer
The bond given to secure later production of a missing bill of lading is governed by 19 CFR 113.69, and under the edition tested that bond must be a single transaction bond: it secures one discrete release of merchandise pending one document, so a continuous form makes no sense. The other bonds listed, the basic custodial bond, the bond for control of containers and instruments of international traffic, the commercial gauger bond, and the foreign trade zone operator bond, all cover ongoing activities and are written as continuous obligations. The custodial and FTZ bonds tempt precisely because they are the familiar continuous activity bonds. Watch for: Picking a familiar activity bond without noticing those are continuous while the bill-of-lading bond covers one transaction.
Original CBLE Simulator explanation — the question and key above are CBP's; this analysis is ours. Verify against the current edition before relying on it in practice.
CBP's cited authority
Answer and citations as published in CBP's official answer key for the April 2018 examination.
Reading answers is easy. The exam is 80 of these in 4.5 hours.
Pass rates run 12–30%. Find out in 15 minutes whether you'd clear the 75% line today — free, no signup.