Answer:
One of the biggest problems was that the national government had no power to impose taxes. To avoid any perception of “taxation without representation,” the Articles of Confederation allowed only state governments to levy taxes. To pay for its expenses, the national government had to request money from the states.
Enslave afican workers added to the econnomic success of South Colonies by own more slave and money!!!!!!!!
They are in debt to: college funds, taxes, etc.
In which defense do defendants affirm that they have reasonable grounds to believe that certain statements had no omission of material facts; Due diligence defense.
Any defendant except the issuer can assert this defense and it requires that the defendant demonstrate that she investigated the registration announcement and had reasonable grounds to believe that the registration statement become accurate and had no omission of material facts.
section 11 of the Securities Act imposes liability for underwriters, directors, and others involved with public security offerings. The statute also provides a due diligence defense for everyone, except the issuer.
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Your answer is "Allah"
or "Allah the Greatest"
hope this helps
