Asset-based lending is typically used to finance A. real estate. B. construction and development projects. C. accounts payable D. accounts receivable 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 Collateral does not reduce the risk of a loan per se, because A. it is not part of the loan agreement B. the risk of a loan is determined by the borrower's willingness and ability to repay the loan C. it may be worth less than the bank thinks D. the bank may not have title to the collateral Typical collateral for a commercial loan consists of A. inventories B. accounts receivable C. equipment D. all of the above A Bankers' Acceptance is most commonly used in connection with A. financing foreign trade B. financing inventories C. financing securities D. financing trust accounts Chattel mortgages refer to A. a security agreement using intangible property B. a security agreement using corporate assets C. a security agreement using tangible personal property