On May 15, 2019, Eve bought the instrument below from the Beta Corporation for $1.700. Eve paid for the instrument with a check. Eve knew that Alpha, Inc. disputed its liability on the instrument because of Beta's alleged breach of the computer purchase contract referred to on the face of the instrument. On May 20, 2019, First National Bank bought the instrument from Eve for $1,900. First National Bank did not know that Alpha disputed its liability. On the back of the instrument is the indorsement, "Pay to the order of First National Bank, without recourse [signed] Eve". *** May 1, 2019 Alpha, Inc. promises to pay to Beta Corp., or bearer, $2,000, on June 1, 2021, with interest at the rate of five (5%) percent per year. Alpha may elect to extend the due date to Dec. 31, 2021 Alpha, Inc. By: CD Jones C.D. Jones, President Re: computer purchase order no. 123 dated May 1, 2019 Question 1 First National Bank can negotiate the instrument O only by canceling Eve's indorsement. by delivery without indorsing it. by indorsing and then, delivering it. O only by making it payable to the order of a specific individual. First National Bank demands payment on the instrument from Alpha. Alpha refuses, claiming that Beta breached the computer purchase agreement. First National Bank O cannot collect from Alpha because Eve was not an HDC. O cannot collect from Alpha because of Beta's Breach O can collect from Alpha because First National Bank is a holder in due course (HDC). O can collect from Eve, but not Alpha, because Eve knew of Alpha's claim