For an HDC to Take an Instrument "In Good Faith

Multiple Choice

For an HDC to take an instrument "in good faith," how does the UCC define good faith?

A) Good faith is not defined;it is left to the judgment of the individual HDC.
B) Whether the holder himself acted reasonably when taking the instrument.
C) Using the proper degree of caution that an objective,reasonable holder would have.
D) Whether the holder himself acted honestly when taking the instrument.
E) Under reasonable commercial standards of fair dealing.