Answer:
D
Explanation:
Reduction is a gain of electrons, oxidation is a loss of electrons, and electron transfer reactions are also called redox reactions.
this link might be helpful
https://chem.libretexts.org/Bookshelves/Analytical_Chemistry/Supplemental_Modules_(Analytical_Chemistry)/Electrochemistry/Redox_Chemistry/Oxidation-Reduction_Reactions
Yes they are stable because they follow octet rule but am not sure if they are exist separetly
The compound that is formed is: MgI2