Final answer:
The assertion that felonies differ from misdemeanors solely in the aspect of incarceration is false. Both classify crimes with varying severity, punishments, and additional consequences like employment challenges and loss of voting rights.
Step-by-step explanation:
The statement that the only difference between felonies and misdemeanors is that felonies result in incarceration is False. Felonies and misdemeanors are both types of crimes, but they differ in severity, potential punishment, and other consequences. Felonies are the more serious crimes and can lead to longer incarceration times in a prison, which is different from a jail that holds individuals for shorter periods, such as while awaiting trial. Felonies can also result in more severe social consequences, such as difficulties in finding employment and the loss of voting rights.