Answer: B
Both COX3X2− and HCOX3X− react with dilute acid to give effervescence of COX2, so the assertion is true. The reason is also a true fact: MgCOX3 precipitates in the cold while Mg(HCOX3)X2 is soluble. However, the MgSO4 behaviour is not why acid liberates COX2, so the reason does not explain the assertion.