
1) Since we know the slope is m=-4, and we have one point (1,3) then we can write out the equation of the line, plugging those pieces of information into the Point-Slope formula:

Note that ended up on the Slope-intercept form (y=mx+b).
2) So we can answer those questions as:
Plugging the data into the Point-Slope formula.
Yes, we have enough information to write out a function's rule.