Choice "A" is correct. An endorsement is special if it specifies the person to whom it is payable [UCC 3-204]. No new payee is named here, so the endorsement is in blank. An endorsement is restrictive if it includes the words "for collection" [UCC 3-205(c)], so the endorsement is restrictive. "Without recourse" means that the endorsement is a qualified endorsement.
