Ferdinand Bought a Boat from Isabelle

Ferdinand bought a boat from Isabelle. The price was $100 000. She required payment to be made by way of a cheque. Which of the following statements is TRUE?

A) By writing a cheque, Ferdinand will create an order that requires the drawee to credit his bank account.
B) Isabelle will not be able to cash Ferdinand's cheque unless she has a bank account.
C) If Ferdinand creates a valid cheque, his bank owes him an obligation to honour that negotiable instrument.
D) Ferdinand can create a cheque by ordering his sister, Esmeralda, to pay $100 000 to Isabelle.
E) As soon as Ferdinand creates a valid cheque, Isabelle will acquire rights against the drawee.