Which of the Following Statements Is False

Which of the following statements is false?

A) Dual-class stock is more prevalent in the United States than it is in other countries.
B) When a corporation has dual-class stock, the corporate insiders generally concentrate their holdings in the superior voting-share class, while ordinary investors tend to hold relatively more of the inferior voting-class stock.
C) One purpose of a dual-class structure is to allow insiders to raise the capital needed to finance growth without losing voting control.
D) All of the above statements are false.
E) Only statements (a) and (b) are false.