Unlike the standardized provisions of a publicly placed issue, the provisions of a privately placed bond issue can be tailored to the desires of the purchaser.

Question

Quizplus · Accepted Answer

This statement is true. Since the bond is not available to the public and is being issued to a specific purchaser, the terms and provisions of the bond can be negotiated and customized to meet the needs of the purchaser.

Unlike the Standardized Provisions of a Publicly Placed Issue, the Provisions