Select the statement that does NOT accurately explain the listed legal terminology.

A$.$ Preemptive rights $-$ allow current shareholders a time$-$limited opportunity to purchase enough shares of a new issuance to maintain their current percentage of ownership in the company.

B$.$ Mechanics lien $-$ provides the repair shop with a priority lien on personal property, such as when it makes a repair to a car.

C$.$ Marshalling of Assets $-$creditor must first try to recover from the partnership before seeking recovery from general partners who are joint and severally liable on a debt.

D$.$ Estoppel $-$ liability is based on a false representation, upon which the speaker expects the listener to rely

E$.$ Warranty deed $-$ transfers ownership of real estate, with certain promises, such as marketable title and no hidden encumbrances