The Equilibrium Constant for the Formation of Hydrogen Iodide from Hydrogen

The equilibrium constant for the formation of hydrogen iodide from hydrogen and iodine is 45.0 at a certain temperature.
H₂(g) + I₂(s) $\leftrightarrows$ 2 HI(g)
Which of the following is true regarding this equilibrium?
I.The reaction is product-favored.
II.The reaction is reactant-favored.
III.Equilibrium lies to the right.
IV.Equilibrium lies to the left.

A) I and III
B) I and IV
C) II and III
D) II and IV
E) None are true, as the concentrations of reactants and products are essentially the same.