If an instrument states,"Pay to the order of Karen Fuji or her assigns," it is payable to:

A) order.
B) cash.
C) bearer.
D) holder.

Order

An authoritative command, direction, or instruction, typically issued by a court or by someone in a position of power.

Bearer

A term referring to an individual in possession of a negotiable instrument (such as a check or bond) that is payable to whoever holds it.

Assigns

Individuals or entities to whom rights or properties are legally transferred.