Take the following as truth: One story has it that traders Jardine, Matheson and Co fired a private salute for a visiting tycoon, an act that incensed the colonial authorities, who felt that they had the sole right to issue such a 21-gun welcome.
Then the following statement: "The colonial authorities believe it was in their best interest and sole right to commence a 21-gun welcome." is true, false, or inconclusive?
Answer: True