If a Completed Negotiable Instrument Comes into the Possession of an Immediate

If a completed negotiable instrument comes into the possession of an immediate party (the payee indicated on the instrument) before the maker or drawer has delivered it, then the:

A) payee cannot collect on the instrument.
B) payee can collect on the instrument.
C) payer only can collect on the instrument.
D) drawer only can collect on the instrument.