Which Statement Is FALSE Concerning Capital Structure

Which statement is FALSE concerning capital structure?

A) Firms with large amounts of tangible assets tend to use a lot of debt in their capital structures.
B) When corporate profits are taxed at the corporate and personal level, the benefits of leverage are greatly reduced.
C) Modern trade off theory predicts that a firm's optimal debt level is set by trading off the tax benefits of leverage against the agency costs of increased debt.
D) Debt is used more frequently abroad (such as Germany and England) as international laws tend to favor debtors.