Does PHP have short-circuit evaluation?

Yes, it does. Here's a little trick that relies on short-circuit evaluation. Sometimes you might have a small if statement that you'd prefer to write as a ternary, e.g.:

    if ($confirmed) {
        $answer = 'Yes';
    } else {
        $answer = 'No';
    }

Can be re-written as:

   $answer = $confirmed ? 'Yes' : 'No';

But then what if the yes block also required some function to be run?

    if ($confirmed) {
        do_something();

        $answer = 'Yes';
    } else {
        $answer = 'No';
    }

Well, rewriting as ternary is still possible, because of short-circuit evaluation:

    $answer = $confirmed && (do_something() || true) ? 'Yes' : 'No';

In this case the expression (do_something() || true) does nothing to alter the overall outcome of the ternary, but ensures that the ternary condition stays true, ignoring the return value of do_something().

Yes, the PHP interpreter is "lazy", meaning it will do the minimum number of comparisons possible to evaluate conditions.

If you want to verify that, try this:

function saySomething()
{
    echo 'hi!';
    return true;
}

if (false && saySomething())
{
    echo 'statement evaluated to true';
}