Which of the Following Statements Regarding Owner's Equity Is False

Which of the following statements regarding owner's equity is false?

A) Owners' equity is equal to assets minus liabilities.
B) Owner's equity represents what an owner will recoup if the business is sold.
C) Owners' equity represents the owners' financial investment in the business.
D) For a company, owners' equity is equal to shareholders' capital plus retained earnings.
E) For an owner operated business, owner's equity represents all capital contributed by the owner plus profits generated minus losses incurred and drawings taken from the business.