Po Hung Gives a Cheque for $10,000 to Connected Construction

Po Hung gives a cheque for $10,000 to Connected Construction Inc. as a down payment on a renovation project to his building. Connected Construction signs the cheque over to its bank to pay a bank loan of $10,000. Connected Construction only does $5,000 worth of the work and disappears. The bank has cashed the cheque and the full $10,000 has been taken out of Po Hung's account. Which of the following is true?

A) Po Hung can recover $10,000 from the bank.
B) Po Hung can recover $5,000 from the bank
C) Po Hung can recover nothing from the bank
D) The bank and Po Hung must split the loss of $5,000 equally
E) Po Hung cannot successfully sue Connected Construction Inc. for any money