FFL Federal Firearms Regulations & Compliance 5

Question 1

Under the Arms Export Control Act (AECA), which agency issues export licenses for commercial firearms exports?

Accepted Answer

Department of State Directorate of Defense Trade Controls (DDTC)

Answer

The State Department's DDTC administers the International Traffic in Arms Regulations (ITAR) and issues export licenses for commercial firearms.

Question 2

What does 'constructive possession' mean in the context of NFA compliance?

Accepted Answer

Having the ability and intent to exercise dominion and control over an NFA item, even without direct physical custody

Answer

Constructive possession means having the power and intent to control an NFA item even if you don't have it physically, which can constitute illegal possession.

Question 3

Which of the following types of FFL licenses authorizes a dealer to engage in pawnbroking of firearms?

Accepted Answer

Type 02

Answer

An FFL Type 02 license specifically authorizes the holder to engage in pawnbroking of firearms in addition to dealing.

Question 4

An FFL receives a firearm for consignment sale. At what point must the firearm be entered into the acquisition and disposition record?

Accepted Answer

At the time of receipt

Answer

All firearms received by an FFL, including those taken on consignment, must be entered into the A&D record at the time of receipt.

Question 5

Under the Firearm Owners Protection Act (FOPA) of 1986, which of the following is prohibited?

Accepted Answer

Civilian possession of any machine gun manufactured after May 19, 1986

Answer

FOPA banned civilian transfer and possession of machine guns manufactured after May 19, 1986, creating the 'pre-1986 registry' for legal civilian MGs.

(FFL) Certified Federal Firearms License Specialist Practice Test

(FFL) Certified Federal Firearms License Specialist Practice Test

FFL Federal Firearms Regulations & Compliance 5