Concept:A "not negotiable" crossing means the receiver of a cheque cannot get a better title than the person who transferred it.
Explanation:When a cheque is marked "not negotiable", it can still be transferred to another person.
However, the new holder does not gain independent or improved ownership over the cheque.
The holder receives only the same rights and title as the transferor had.
If the transferor's title was defective, the holder's title will also be defective.
So the holder cannot claim any greater legal right than the transferor.
This meaning is correctly expressed by option C.
Answer:C. The holder has no better title than the person who transfers it.