Determine Whether the Statement Is True or False

question 23

True/False

Determine whether the statement is true or false. If it is true, explain why it is true. If it is false, give an example to show why it is false.
The point (1, k) lies on the line with equation 3x + 8y = 24 if and only if .

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Definitions:

Right to Choose

The consumer’s entitlement to have a variety of options when selecting goods or services, emphasizing the importance of competition and quality in markets.

Economic Espionage

The illegal practice of stealing confidential information from businesses to gain a competitive advantage.

Trade Secrets

Confidential business information that provides a company a competitive edge.

Intellectual Property

Legal rights that protect creations of the mind, such as inventions, literary and artistic works, designs, and symbols.