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It is not the distributive property. The statement in the question is simply FALSE.
Yes, a statement can be true or false but without knowing what the statement is no-one can possibly say whether it is true or it is false.
"What is the difference between inequalities and equations" is a question, not a statement. A question cannot be true or false. It can be pointless, or badly phrased or misguided but that is a different matter.
false
algebra