Security scholar Manunta articulates an expression for security context of the form $S=f(P,T,A)Si.$ Based on his description of security context, which of the following statements is FALSE regarding this formulation?

Situational factors linking $P,T$ and A affect how security is assessed.

Security can be expressed mathematically as a precise arithmetic function of $P,T$ and $A.$

Both protector and threat must assign some sort of value to the same asset, but what constitutes "value" may be completely different from each actor's perspective.

Conceptually, for a security context to exist, there must be an object of conflict, an individual or entity interested in protecting this object and an individual or entity threatening the protector's interests in this object.