When Import Duties Are Paid, the _________________ Duty Is a Specified

question 42

Multiple Choice

When import duties are paid, the _________________ duty is a specified amount of the per unit weight or other quantity of the merchandise.

• A) ad valorem
• B) specific
• C) compound
• D) nontariff
• E) import

---

Definitions:

Innocent Misrepresentation

A false statement made without knowledge of its falsity, leading another to enter into a contract under false beliefs.

Duress

A situation where a person is compelled to act against their will or make a legal decision under the threat of harm.

Undue Influence

Refers to the excessive pressure or influence one person exerts over another to coerce them into a legal agreement, undermining their free will.

Non Est Factum

A defense in contract law where a person argues they were unaware of the nature of the document signed due to a significant mistake.