Answer:
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Article 1, Section 10 of the United States Constitution greatly favors the Federal government.
Federalism is evident in this section because it limits the power of the states.
There are 3 things that the state cannot do under this section. These are:
1) Contracts Clause
a) states can't interfere with private contracts.
b) states can't issue its own paper money and coins to pay off its debts
c) states can't create ex post facto laws without the benefit of judicial hearing.
2) Import-Export Clause
a) states can't impose tariffs or import/export taxes from foreign goods without the US Congress approval.
b) revenues earned from approved tariffs or import/export taxes must be paid to the federal government.
3) Compact Clause
a) states can't maintain armies or navies during peace times without consent from the Congress.
b) states can't enter into alliances with foreign nations.
The sugar Act, was also called Plantation Act or Revenue Act (1764) the British legislation aimed at the ending the smuggling trade in sugar and molasses from the French and Dutch West Indies
<span>Kennedy delivered his Inaugural Address before an audience of twenty thousand people sitting on seats swept free of snow. The address was televised, and eighty million Americans watched; it was also broadcast over radios around the world. Being aware of the extensive audience, Kennedy consciously spoke not only to Americans but to the people around the globe as well. Beyond the initial audience of people who heard the original speech can be added those who subsequently read it in...</span>
<u>Answer</u>:
The demand deposit is an account with any commercial bank or financial institute which allows a user or a depositor to withdraw and use the funds without informing or asking permission from bank.
<u>Explanation</u>:
As the word only suggest that the deposits to a bank that can be used at any time which is normally referred as the demand deposit. It is very necessary for the consumers to meet daily needs and expenses.
The benefits involve zero per cent interest, there is no barrier on number of transactions, no eligibility is required, and funds can be paid and withdrawen on demand. Checking account is a very good example of it that allows one to withdraw at any time.
