Step 1: Understanding the Concept
We simplify the compound statement using laws of logic and compare it with the given options.
Step 2: Group the Terms
\((p\wedge\sim q)\vee(\sim p\wedge q)\) is true exactly when \(p\) and \(q\) have different truth values.
Step 3: Add the Third Term
\((\sim p\wedge\sim q)\) is true when both are false.
So the whole statement is true in all cases except when \(p\) and \(q\) are both true.
Step 4: Compare the Options
The statement that is false only when \(p=q=T\) is \(\sim(p\wedge q)\equiv\ \sim p\vee\sim q\).
Final Answer:
The statement is equivalent to not p or not q.
\[ \boxed{\text{(D) }\sim p\vee\sim q} \]