What Is Meant by the Term "Delivery" in the Process

Multiple Choice

What is meant by the term "delivery" in the process of negotiation?

A) The passing of a warranty that the recipient is a holder in due course.
B) The physical handing of an instrument from someone entitled to it,to the person intended to receive it.
C) The passing of a warranty that the recipient is a holder.
D) The passing of a warranty that the instrument is collectible.
E) The passing of a warranty that an instrument qualifies as a negotiable instrument.