Find the truth value of the following statement.
If a joint venture is a temporary partnership, then discount on purchase is credited to the supplier.
SOLUTION
Let p : A joint venture is a temporary partnership. q : Discount on purchase is credited to the supplier.
The truth value of p and q are T and F respectively.
The given statement in symbolic form is p → q.
∴ p → q ≡ T → F ≡ F
∴ Truth value of the given statement is F.
