CFB Credential and Training Requirements 5

Question 1

A freight broker operating in California must comply with which additional state-level licensing requirement not mandated at the federal level?

Accepted Answer

Registration with the California Public Utilities Commission (CPUC)

Answer

California requires intrastate freight brokers to register with the CPUC in addition to holding FMCSA authority for interstate operations.

Question 2

Under the broker-carrier relationship, which federal regulation requires brokers to provide carriers with a copy of the rate confirmation or load confirmation upon request?

Accepted Answer

49 CFR 371.3

Answer

49 CFR 371.3 requires brokers to maintain and provide upon request records showing the compensation paid to the carrier.

Question 3

Which scenario would result in a freight broker being required to reapply for operating authority rather than simply updating their existing registration?

Accepted Answer

Changing the legal business entity type (e.g., sole proprietor to LLC)

Answer

A change in legal entity type requires a new operating authority application because FMCSA authority is issued to a specific legal entity.

Question 4

What is the primary purpose of requiring freight brokers to maintain a surety bond or trust fund?

Accepted Answer

To protect shippers and carriers from broker non-payment or fraud

Answer

The surety bond protects shippers and carriers by providing a financial remedy if the broker fails to pay or acts fraudulently.

Question 5

A CTB candidate who fails the certification exam must wait how long before retaking it?

Accepted Answer

60 days

Answer

TIA policy requires a 60-day waiting period between CTB exam attempts to allow candidates adequate time to prepare.

(CFB) Certified Freight Broker Practice Test

(CFB) Certified Freight Broker Practice Test

CFB Credential and Training Requirements 5