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In mid-1863, the main problem faced by the Confederacy was
Solvent
The state of being able to meet all financial obligations as they come due.
Surety
A form of security or guarantee where a third party agrees to be responsible for the debt, default, or failure of another to fulfill an obligation.
Subject To
Conditional upon or dependent on something else; can indicate subjection to legal restrictions or conditions.
Personally Liable
Refers to the responsibility of an individual to cover debts or legal judgments out of their own assets.
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