1. Material implication is a rule of replacement in symbolic logic that states a disjunction or conditional statement is logically equivalent to its reverse conditional statement.
2. Material implication can be applied to either the whole line or part of a line by reversing any negations and changing conjunctions to disjunctions or vice versa.
3. Several examples are provided to demonstrate applying material implication to derive new lines, including to set up hypothetical syllogisms and modus ponens arguments.