A Draft Is Payable "To the Order of Joe Jones

Multiple Choice

A draft is payable "to the order of Joe Jones or to bearer." Sally finds it and demands payment.Should the drawer pay Sally?

A) No, the terminology is ambiguous and therefore the draft must be paid only to the order of Joe Jones.
B) No, unless Joe Jones's name is crossed off.
C) Yes, since the word "or" is contained in the instrument, either Joe Jones or the bearer of the draft may obtain payment.
D) No, unless "bearer" is handwritten.