Step 1: Molecular chaperones are themselves proteins. They help other newly made polypeptides fold correctly without becoming a permanent part of the finished protein. So the statement that they are lipid in nature is false, and that is the exception asked for.
Step 2: Chaperones do assist or ensure proper protein folding and prevent aggregation by binding hydrophobic regions of unfolded proteins, so option a is true.
Step 3: Most chaperones show ATPase activity and bind ATP or ADP, an interaction important for their folding function, so option c is true.
Step 4: Many chaperones are heat shock proteins (Hsp) that are induced when cells face conditions causing protein unfolding, so option d is also true. Hence the only false statement is that they are lipid in nature.