When the Sale of a Business Involves the Sale of Assets

When the sale of a business involves the sale of assets rather than the sale of shares, which of the following is false?

A) The corporation will continue to exist following the sale of the assets.
B) If the proper conditions are met, the vendor may be able to use the capital gain exemption on the sale of the shares.
C) The vendor may be left with assets that might be difficult to sell.
D) The sale of the assets may result in capital gains and business income for the corporation.