Customs Brokers Are Usually Compensated on

question 29

Multiple Choice

Customs brokers are usually compensated on

• A) a percentage of the tariff.
• B) a percentage of the added value of the goods.
• C) a schedule set by the United Nations.
• D) a schedule set by the World Trade Organization.
• E) None of the above

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Definitions:

Birthright

A privilege or possession into which one is born; can refer to social privileges, property, or rights available to a person from birth.

Foreign Corrupt Practices Act

A United States law that prohibits U.S. firms and individuals from paying bribes to foreign officials to facilitate business deals.

Federal Crime

A violation of the laws at the national level, often involving serious offenses such as drug trafficking, terrorism, or fraud.

U.S. Corporations

Business entities officially registered in the United States that engage in commercial, industrial, or professional activities, governed by federal and state laws.