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6 January, 17:32

Assume that Jack and Hal and Sophia enter into an agreement for the sale of the restaurant. Hal and Sophia get a loan from the Fourth National Bank to pay for it. When their first payment is due, however, they get a letter from Bank of North America stating that they bought the loan from Fourth National Bank. Which of the following is true? A. Fourth National Bank made a delegation. B. Bank of North America became an incidental third party beneficiary. C. Fourth National Bank made an assignment. D. Bank of North America became an intended third party beneficiary.

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  1. 6 January, 17:59
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    C. Fourth National Bank made an assignment.
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