If the statement "Peter drives faster than the speed limit" is false, "Peter runs a red light" is false, and "Peter will have to pay a fine" is also false, then is the statement "If Peter drives faster than the speed limit or he runs a red light then he will have to pay a fine" true? Is the converse of this statement true?

Select the correct answer below:

The statement and the converse are both true.

The statement and the converse are both false.

The statement is true, but the converse is false.

The statement is false, but the converse is true