Restrictions on Imports May Not Include Tariffs

question 67

True/False

Restrictions on imports may not include tariffs.

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Definitions:

Seize

To take possession of something, often by legal authority, because of a rule or law.

Suretyship

A contractual obligation undertaken by a surety to be responsible for another's performance of an obligation or payment of debt, should that party fail to perform.

Guaranty

A legal commitment to be responsible for another's debt or contractual performance if that person fails to meet their obligations.

Primarily Liable

Liable for paying the amount designated on an instrument when it is presented for payment.