Hmm, here's my way of thinking about it.
There are four things that can happen.
A) You can neglect your homework and you can fail.
B) You can neglect your homework and pass.
C) You can do your homework and fail.
D) You can do your homework and pass.
Let's imagine there are several teachers all trying to impart different messages.
$$\Large{1.}$ Suppose you have a STRICT teacher, who says:
"If you neglect your homework, then you WILL fail: $P \implies Q$."
She is saying that B will never happen. A might happen, and indeed, if you neglect your homework then A is the ONLY possibility. B and C might happen.
$\Large{2.}$ Suppose you have an EXISTENTIAL teacher, who says:
"Well, one of two things (or maybe both) are going to happen; either you are going to remember your homework or you are going to fail the class. That's just how it is: $-P \vee Q$."
In this case: B ($P \wedge -Q$) is not possible. All the others are possible, as A, C, and D all have either $-P$ (B and C have -P) or they have Q (A and C have Q), but only B lacks both $-P$ and $Q$. B will never happen. A, C, and D might.
But notice STRICT teacher and EXISTENTIAL teacher have the exact same outcome.
$P \implies Q \quad \iff -P \vee Q$
$\Large{3.}$ Now we have NICE TEACHER, who says:
If you do your homework you will pass; that's all I ask: -P => -Q. If you don't do your homework, then maybe you will pass and maybe you won't.
The only way to fail is if you don't do your homework. If you fail, that means you didn't do your homework: $Q => P$
In this case C is the only option that is impossible. All others are possible. (If you do your homework, it is impossible to fail.)
-P => Q <=> Q => P.
$\Large{4.}$ Then there is OBSCURE teacher, who says:
P V -Q. One of two things will happen. Either you will forget your homework (P) or you will pass the class (-Q)".
So either P happens (A or B) or -Q happens (B, or D). The only thing that can not happen is C in which neither P nor -Q occurs.
So OBSCURE teacher is saying the same thing as NICE teacher: $P \vee -Q \quad \iff \quad -P \implies -Q \quad \iff \quad Q \implies P$.
There's also PUSHOVER teacher "You will pass the course no matter what: -Q" SADIST teacher "You will fail the course no matter what: Q". DIDACTIC teacher "You will pass this course if and only if you do your homework: (P V Q) OR (-P V -Q)" and INSANE teacher "You will pass this course only if you neglect your homework" and so on.