Which of the Following Is TRUE

Which of the following is TRUE?

A) A holder in due course takes a negotiable instrument subject to the defences that could be raised between the primary parties to the instrument.
B) A third party receiving a promissory note cannot become a holder in due course.
C) A holder in due course may acquire a greater right in a negotiable instrument than the original parties.
D) Marking a cheque in a consumer transaction with the words "consumer note" eliminates the defences that could be raised by the original parties to the cheque.
E) A bill of exchange is negotiable but not necessarily transferable.