It is a correct statement that describes the force of gravity acting on an object due to the Earth's mass.
Here's a breakdown:
* Gravitational force: This is the force of attraction between any two objects with mass.
* Exerted on an object: This means the force is acting on the object.
* By Earth: This means the Earth is the source of the gravitational force.
Therefore, the statement accurately describes the phenomenon of gravity, which is a fundamental force in the universe.