What Was the Name of the Common Currency Introduced by the European

question 11

Multiple Choice

What was the name of the common currency introduced by the European Union in 2002?

• A)euro
• B)franc
• C)mark
• D)peseta
• E)ruble

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on the certificate. It is a legal amount per share that represents the minimum stock value.

Market Value

The prevailing cost to purchase or dispose of an asset or service in the market.

No-Par

Refers to stocks issued without a par value; no minimum value is assigned to these shares.

Corporate Charter

A legal document issued by a government, outlining a corporation's rights, privileges, and purpose.