Identify which of the following statements is false?

A stock redemption is treated as a sale or exchange if the shareholder's stock ownership is terminated.

An individual is not considered to own stock owned by a brother under the family attribution rules of Sec. 318

An individual is considered to own the stock owned by his parents, children, spouse, and grandchildren under the family attribution rules of Sec. 318.

An individual is considered to own stock owned by a uncle under the family attribution rules of Sec. 318.