Answer
True
Work Step by Step
$\displaystyle{\lim_{x \to a}}f(x)$ exists when $ \displaystyle{\lim_{x \to a^+}}f(x) = \displaystyle{\lim_{x \to a^-}}f(x)$
Therefore, for $\displaystyle{\lim_{x \to a}}f(x)$ to exist, both $\displaystyle{\lim_{x \to a^+}}f(x)$ and $\displaystyle{\lim_{x \to a^-}}f(x)$ must exist as well.