John Hancock, who was one of the wealthiest men in America at the time inherited his business from his uncle who was a mercantile businessman. He became a merchant, statesman, and served as a president of the Second Continental Congress amongst many other positions within that included Governor of Massachusetts.
They were very mean to people.
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1.Trump faced bankruptcy when he was unable to make massive loan payments of over $2 billion. He had regularly convinced financial institutions that his name raised the worth of his assets, so they could ignore their usual lending and collateral guidelines. At that point, however, the market was contracting, and banks were not eager to agree to his demands and invest in what was then considered risky.
2.Trump lost control of some of his real estate to creditor banks and was forced to trade part of his empire to restructure debts. Although he secured emergency financing, his worth was reduced from an estimated $1.7 billion to $500 million. Perhaps worse, Trump's expertise was questioned. Trump found this uncertain period a challenge.
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Explanation:
The American Colonization Society (ACS) was formed in 1817 to send free African-Americans to Africa as an alternative to emancipation in the United States.