Consider the following statements concerning the American War of Independence: 1. The Americans raised the slogan, 'No taxation without representation'. 2. The American merchants resorted to the boycott of the British products. Select the correct answer using the code given below :

The Stamp Act introduced a new principle of a direct internal tax. Americans condemned the tax because their rights as Englishmen protected them from being taxed by a Parliament in which they had no elected representatives. Americans also passed a compact declaring a trade boycott against Britain. The non-consumption movement soon takes on a political hue as boycotts of British goods were encouraged both to save money and to force Britain to repeal the duties.