April 2021 — Question 19
All of the below are true with the EXCEPTION of:
- AA person transacting business in connection with entry or clearance of vessels or other regulations under the navigation law is not required to be licensed as a broker.
- BA cause for denial of a license would be any willful misstatement of pertinent facts in the application for the license.
- CA national permit application must include the applicant’s broker license and date of issuance.
- DEach broker must comply with the provisions of part 136 of this chapter when maintaining records that reflect on his transactions as a broker.✓ CBP's answer
- EA broker must not procure or attempt to procure, directly or indirectly, information from Government records or other Government sources of any kind to which access is not granted by proper authority.
Why this answer
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CBP's cited authority
§ 19 CFR § 111.21(b)§ 19 CFR § 111.2(iii)§ 19 CFR § 111.16(b)(4)§ 19 CFR § 111.19(f)(1)§ 19 CFR 111.33
Answer and citations as published in CBP's official answer key for the April 2021 examination.
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