Final answer:
The false part of the statement is that a freight broker transports the shipment. Freight brokers arrange the shipping but do not transport the goods themselves.
Step-by-step explanation:
The false part of the statement "A freight broker sells transportation to a shipper, makes arrangements for the shipment, and transports the shipment" is that the freight broker transports the shipment. In reality, freight brokers are intermediaries between shippers and carriers. They do sell transportation services to a shipper and make arrangements for the shipment, but they are not the ones who actually transport the cargo. Instead, they arrange for a carrier to move the goods from the origin to the destination.