The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to:

A. the transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder there of

B. the payment by a bank on a negotiable instrument after due verification of the instrument

C. the bargaining between the parties to a negotiable instrument

D. all of the above

Answer: Option A