Final answer:
Lipopolysaccharide (LPS) is found in the outer membrane of gram-negative bacteria and has a variety of effects, including the promotion of inflammation and fever, but it does not prevent phagocytosis.
Step-by-step explanation:
The lipopolysaccharide (LPS) is present in the outer membrane of gram-negative bacteria and is also known as endotoxin. It consists of Lipid A, which is responsible for its toxic properties, a core polysaccharide, and the O side chain or O antigen. One of the facts that does not apply to LPS is that it prevents phagocytosis. On the contrary, substances like the M protein in Streptococcus and mycolic acid in Mycobacterium tuberculosis are known to inhibit phagocytosis. LPS does play a role in promoting the degranulation of PMN leukocytes, activating complement fixation, being antigenic, and producing fever.