October 2023 — Question 20
Upon periodic review of bond sufficiency, if CBP determines that a bond is inadequate and notifies the principal and surety in writing on April 26, 2023, what is the last day upon which the deficiency must be remedied or the principal faces additional consequences?
- AMay 3, 2023
- BMay 11, 2023✓ CBP's answer
- CMay 17, 2023
- DMay 26, 2023
Why this answer
The bond sufficiency provision CBP cited, codified with the bond amount rules at 113.13, gives the principal fifteen days from the date of notification to remedy a deficiency once CBP determines an existing bond is inadequate, with further consequences such as single-transaction bond requirements if the deadline passes. Counting fifteen calendar days from the April 26, 2023 written notice lands on May 11, 2023, keying option B. Option C is the product of counting fifteen business days rather than calendar days, and options A and D substitute seven-day and thirty-day periods borrowed from other customs deadlines that have no application here. Watch for: Counting fifteen business days instead of fifteen calendar days from the notice.
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 October 2023 examination.
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