I can't cut that tree down with that axe; it is too thick. The it is more likely to refer to that tree than that axe because it is too small. I can't cut that tree down with that axe
In "I can't cut that tree down with that axe; it is too thick. ", The it is more likely to refer to that tree than that axe because it is too small. I can't cut that tree down with that axe
This example is False.