Final answer:
The statement is false; a 'Household' relationship type is typically used for personal or family relationships, not business records. For businesses, appropriate relationship types would be 'Business-to-Business' (B2B) or 'Business-to-Customer' (B2C).
Step-by-step explanation:
The statement is False. When creating a net new Relationship record for a business, the Relationship type should reflect the nature of the relationship. A Household relationship type is typically used for personal relationships or when grouping individuals who share a residence or are part of a family unit. In a business context, relationship types such as Business-to-Business (B2B), Business-to-Customer (B2C), or other relevant types based on the nature of the interaction would be more appropriate. It's important to accurately classify the Relationship type to ensure proper management and communication within the customer relationship management system.