Which Statement Is False

Which statement is false?

A) Some companies seem to fall into the cracks between partnerships and corporations.
B) There are limited partnerships,which not only avoid paying corporate income taxes,but also minimize legal risk to their investors.
C) The Internal Revenue Service has disallowed the formation of limited liability companies,which have the legal insulation of a corporation and the preferred tax treatment of a limited partnership.
D) You can form a limited liability company to protect your personal assets if your business is sueD.