Statement I A cheque is an unconditional order to a specified banker to pay the sum mentioned in the cheque.
Statement II A cheque can be drawn only by a person who has his account with bank while a bill can be drawn by any person.
Statement III A cheque may be crossed but a bill of exchange can not be crossed.
Which of the following statement(s) is/are true?

A. Only Statement I is true

B. Only Statement III is true

C. Both statements II and III are true

D. All statements are true

Answer: Option D