________ provide the context in which the legal issue is to be resolved

The market value of a fixed-rate liability will decrease as interest rates rise, just as the market value of a fixed-rate asset will decrease as interest rates rise.

a. true b. false

An agent who has been authorized to sell property and owing to a failure to make reasonable

inquires as to its value sells it for half of the current market value, has breached which of the following legal duties? A) Fiduciary duty B) Duty to act with reasonable care and skill C) Duty to act within the scope of authority D) All of the above E) No duty has been breached