In Creating the Various Bond Classes (Or Tranches) in a Securitization

In creating the various bond classes (or tranches) in a securitization, there will be rules for distribution of principal and interest. In regards to the transaction structure of an ABS, which of the below statements is FALSE?

A) The transaction structure of an ABS is designed to create bond classes with investment characteristics that are less attractive to institutional investors.
B) In creating the various bond classes (or tranches) in a securitization, there will be rules for distribution of principal and interest.
C) Credit enhancement levels are determined relative to a specific rating desired by the seller/servicer for a security by each rating agency.
D) Typically in a securitization, there are at least two classes of bondholders: senior bond classes and subordinate bond classes.