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?

1. Fourth National Bank made an assignment.
2. Fourth National Bank made a delegation.
3. Bank of North America became an intended third party beneficiary.
4. Bank of North America became an incidental third party beneficiary.