Final answer:
The FALSE statement is that rotation of the c ring of Fo leads to ATP synthesis and release by the catalytic subunits of the F1 portion of ATP synthase.
Step-by-step explanation:
The FALSE statement regarding the action of the Fo portion of ATP synthase is option e: Rotation of the c ring of F0 leads to the synthesis and release of ATP by catalytic subunits of the F1 portion of the enzyme. While it is true that rotation of the c ring of Fo generates the energy required for ATP synthesis, this rotation is not directly responsible for the synthesis and release of ATP by the catalytic subunits of the F1 portion. Instead, the rotation of the c ring is coupled with the conformational changes in the F1 subunits, which ultimately lead to ATP synthesis.