Final answer:
The importer of record is responsible for filing entry documents when a shipment reaches the US from foreign supplier countries. The owner of the goods, purchaser of the goods, and a licensed customs broker designated by the owner are examples of the importer of record. A letter of credit broker in an ocean shipment is not an example of the importer of record. The correct answer is option D.
Step-by-step explanation:
The importer of record refers to the entity or individual responsible for filing entry documents with the port director at the US Customs when a shipment reaches the United States from foreign supplier countries. The importer of record is typically:
- A. The owner of the goods: This is often the individual or organization that has legal ownership of the goods being imported.
- B. The purchaser of the goods: This is the individual or organization that has purchased the goods and is responsible for their importation.
- C. Licensed customs broker designated by the owner: A licensed customs broker may be designated by the owner to handle the importation process on their behalf.
D. Letter of Credit broker in an ocean shipment is NOT an example of the importer of record. A letter of credit broker is typically involved in facilitating financial transactions related to international trade, rather than being directly responsible for filing entry documents with customs.