Which of the following statements is incorrect?

A) Regardless of the type of asset, the firm tries to select assets that will generate the greatest cash flows for the firm's owners.

B) All the answers are correct except one.

C) The problem of unlimited liability is avoided for some partners in a limited partnership because limited partners can generally only lose the amount of money that they have invested in the business.

D) If a firm fails to make debt payments as promised, it defaults on its debt obligation and could be forced into bankruptcy.

E) A firm is successful when these cash inflows are less than the cash outflows needed to pay operating expenses, creditors,