Per the following JavaScript, what happens if a property is assigned to a fallback and a default has not been specified for the fallback?

JavaScript statement in question:  

`options.content = options.content || '<div class="blue"></div>';` 

The function the statement belongs to: 

```
function NimbusCloud(options) {
    options.content = options.content || '<div class="blue"></div>';

    this._statusElement = null;
    this._statusTemplate = new EJS({
        cache: true,
        name: 'cloud.nimbus',
        url: '/static/clouds/templates/nimbus_cloud.ejs'
    });

    Cloud.call(this, options);
}

```