To be more precise in measuring interest rate risk, the runoff component of long-term mortgages should be considered in the time buckets in which the maturities actually occur.

Agents have a duty to third parties that could be described as:

A. honesty, fair dealing, and disclosure of material facts B. identifying when the agent is puffing C. nothing; agents do not owe any duties to third parties D. the same duties that are owed to the principal

An option contract is terminated upon the death of the offeror

Indicate whether the statement is true or false