Several Years Back While Tom Was Still in School, He

Multiple Choice

Several years back while Tom was still in school, he mowed the lawn of widow Jerome's large estate. Since she could not pay Tommy in cash, she gave him 100 bearer bonds of the Delray Corp. Tommy believes he will be able to cash in on these bonds because he

A) is not subject to any real defense, such as forgery.
B) only suspects they were obtained fraudulently.
C) is an innocent holder for value.
D) does not need to obtain endorsement since Mrs. Capone is now deceased.
E) has no idea of how the law works.