- The constitution gives congress the power "to coin money and regulate the value there of." The states are forbidden that power.
-Nearly all the farmers agreed on the need for a single, national system of "hard" money.
-Legal tender is any kind of money that a creditor must by law accept in payment for debts.
-Each of the 13th states issued its own currency
-Among the most important of all of the many tasks performed by the federal government has been that of providing the nation with a uniform,stable monetary system.
-Congress charter the first bank of the Unites States in 1791 and gave it the power to issue bank notes, paper money.
-Bankruptcy: a bankrupt individuals is one whom a court has found to be insolvent, that is, unable to pay his or her debts in full.
-Bankruptcy is the legal proceeding in which the bankrupts assets are distributed among those to whom a debt is owed. That proceeding freeze the bankrupt from legal responsibility for debts acquired before bankruptcy.
-Nearly all the farmers agreed on the need for a single, national system of "hard" money.
-Legal tender is any kind of money that a creditor must by law accept in payment for debts.
-Each of the 13th states issued its own currency
-Among the most important of all of the many tasks performed by the federal government has been that of providing the nation with a uniform,stable monetary system.
-Congress charter the first bank of the Unites States in 1791 and gave it the power to issue bank notes, paper money.
-Bankruptcy: a bankrupt individuals is one whom a court has found to be insolvent, that is, unable to pay his or her debts in full.
-Bankruptcy is the legal proceeding in which the bankrupts assets are distributed among those to whom a debt is owed. That proceeding freeze the bankrupt from legal responsibility for debts acquired before bankruptcy.