With Regard to Negotiable Instruments, Which of the Following Is

With regard to negotiable instruments, which of the following is false?

A) A cheque is a bill of exchange drawn on a bank, payable on demand.
B) A cheque that has been certified cannot be countermanded by the drawer.
C) A negotiable instrument used to advance credit in a consumer transaction must be marked "consumer purchase."
D) Bills of exchange can be made payable for some future date.
E) A drawer of a cheque can refuse to pay any holder of it if the drawer can prove that the payee obtained the cheque by fraud.