Which of the following is an INCORRECT statement regarding a payee's misspelled name on an instrument?
A. The payee can indorse the instrument using the misspelled name.
B. The payee can indorse the instrument using the correct name.
C. The instrument is non-negotiable.
D. The payee can indorse the instrument.
E. The payee can indorse the instrument using both the misspelled name and the correct name.