Certain high-technology components may not be exported to nations on the Export Controls List. The export broker for a manufacturer of such components could be held liable for any loss to the manufacturer as a result of incorrectly classifying prohibited components on the export approval applications.

Question

Quizplus · Accepted Answer

Export brokers are responsible for correctly classifying items on export approval applications, and if they misclassify prohibited components, leading to losses for the manufacturer due to violations of export control regulations, they can be held liable.

Certain High-Technology Components May Not Be Exported to Nations on the Export