What Is the Effect of the Check's Alteration on Kelsey's

Multiple Choice

What is the effect of the check's alteration on Kelsey's status as a holder in due course?

A) On the basis that the law does not want to unduly burden holders,the alteration will affect her status as a holder in due course only because the instrument was written for an amount in excess of $500.
B) The alteration has no effect because a holder is not charged with examining an instrument presented for payment.
C) The alteration will affect her status as a holder in due course only if the issuer can establish that it was not negligent in allowing a thief to gain access resulting in the alteration.
D) The alteration will affect her status as a holder in due course only if she had been put on notice of prior criminal behavior in the past on the part of Rafe.
E) The alteration will likely prohibit her from being a holder in due course.