Which of the following statements is false?

Group of answer choices

One disadvantage of the corporate form is the double taxation of profit.

A debenture is an unsecured debt with maturity longer than 10 years.

The primary goal of a publicly-owned for-profit corporation is to maximize the value of stock.

As interest rate increases significantly, companies are more likely to call the callable bonds they have issued.

Equity holders have a residual claim in the firm while creditors have voting power.