Which of the following is true about a holder in due course (HDCY? O A. An HDC is a person in possession of an instrument that is payable to an identified person who is in possession of an instrument payable to that person OB. An HDC and holder are the same thing OC. An HDC is a person in possession of an instrument that is payable to a bearer OD. An HDC takes a negotiable instrument frow of all claims and most defenses that can be asserted against the transforor of the instrument O E. An HDC takes a negotiable instrument free of all universal defenses. The drawer of a check is the party O A. who receives the money from a check O B. who promises to pay the note O C. who writes the check OD. who must pay the money stated in a check O E in possession of the instrument