Final answer:
The statement is true; muscle tissue possesses elasticity, extensibility, excitability, and contractility, which includes the ability to shorten and generate force.
Step-by-step explanation:
The statement that ALL muscle is elastic, extensible, irritable, and has the ability to shorten with force or contract is True. Muscles have elasticity, allowing them to return to their original shape after being stretched. They are also extensible, meaning they can extend beyond their normal length. Excitability, often referred to as irritability, describes a muscle's response to neural stimulation. Lastly, contractility is the muscle's ability to shorten actively and produce force.