A Bankers Acceptance is most commonly used in connection with

a. financing foreign trade

b. financing inventories

c. financing securities

d. financing trust accounts

Overdrafts are a result of

a. banks paying on checks or wire transfers drawn on uncollected balances.

b. loans made against certificates of deposit

c. banks paying wire transfers made during one business day

d. banks extending credit beyond the amount specified in a line of credit

Typical collateral for a commercial loan consists of

a. inventories

b. accounts receivable

c. equipment

d. all of the above