Answer:
False
Explanation:
A cup with a hole in it loses 2 ounces of water in the first minute. This mathematically means
Add -2 (loses ⇒ means getting less)
Then the cup loses 2 ounces of water in the second minute. This mathematically means
Add -2 (loses ⇒ means getting less)
In total,

and means loses 4 ounces in two minutes.
Thus, the statement below does not describe a situation in which opposite quantities combine to make zero, so this statement is false