Final answer:
The correct statements regarding the law of gravitation are that the force is proportional to the product of the masses and inversely proportional to the square of the distance between them, which corresponds to Option D, both A and B.
Step-by-step explanation:
The true statements regarding Newton's law of gravitation are that:
- A. All bodies are attracted to one another with a force proportional to the product of their masses.
- B. All bodies are attracted to one another with a force inversely proportional to the square of the distance between them.
Option C is not true because the law of gravitation does not cease to exist outside the Earth's atmosphere; it still applies universally. Therefore, the correct answer is D, which combines both A and B, describing the nature of the gravitational force accurately according to Newton's universal law of gravitation.