Step 1: Analyze the given logical statements.
Statement 1: \( p \land q = F \) implies that at least one of \( p \) or \( q \) is False.
Statement 2: \( p \rightarrow q = F \) implies that \( p \) is True and \( q \) is False.
Step 2: From Statement 2, since \( p \rightarrow q \) is False, we have:
\[
p = T \quad \text{and} \quad q = F
\]
Conclusion: The truth values of \( p \) and \( q \) are \( T \) and \( F \), respectively.