All of the Following Statements Are TRUE About Investments EXCEPT

All of the following statements are TRUE about investments EXCEPT:

A) A security is a legal document that can be bought and sold and holds some financial value.
B) In terms of economic risk for stocks and bonds, stocks are typically considered less risky.
C) Stocks are categorized as equity securities because the company gives partial ownership of its equity, defined as total assets minus total liabilities, by selling stock in the company.
D) Bonds are categorized as debt securities because the company is indebted to the people who loan the company money through the purchase of bonds.