October 2022 — Question 76
What must a corporate broker do to continue to conduct Customs business after the corporate officer who qualified its license retires?
- ASubmit a request for a waiver to CBP allowing continued use of the broker’s license to conduct Customs business.
- BAppoint a new broker as an officer of the corporation and notify CBP of the new license qualifier.✓ CBP's answer
- CSubmit a power of attorney to CBP from the retiring license qualifier.
- DNotify the port director in writing that the broker has retired and is no longer an officer of the corporation but will continue to be the license qualifier.
- ENotify the broker who is retiring to surrender the broker’s license to CBP for cancellation.
Why this answer
CBP publishes the key, not the reasoning. Our written explanation of why this answer is right — and which rule decides it — comes with a free account.
Read the explanation — freeNo password. One emailed code.
CBP's cited authority
§ 19 CFR 111
Answer and citations as published in CBP's official answer key for the October 2022 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.