Topics / Duties of a licensed broker

A broker is itself an importer. When may it act as broker for a client who imports merchandise of the same general character?

  1. Never
  2. Only if the client has full knowledge of the facts
  3. Only with CBP's written approval
  4. Only if the two use different ports
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B. Only if the client has full knowledge of the facts

A broker who is an importer must not act as broker for an importer of merchandise of the same general character unless the client has full knowledge of the facts. The same restriction applies if a broker's employee is an importer.

Source: 19 CFR 111.31(c)

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