Concept: This question tests basic definitions and properties within Gravitation.
• Statements A-D: These are all well-established facts.
• (A) $G = \frac{Fr^2}{m_1m_2} \rightarrow \text{Nm}^2/\text{kg}^2$.
• (B) Conservative forces do work independent of path.
• (C) Shell theorem states field inside a hollow sphere is zero.
• (D) For a satellite in orbit, the only force is gravity, providing centripetal acceleration.
• Potential vs. Energy: Gravitational Potential ($V$) is defined as the potential energy ($U$) per unit mass.
Step 1: Evaluate the mathematical definition of potential.
The relationship is:
\[ \text{Gravitational Potential } (V) = \frac{\text{Gravitational Potential Energy } (U)}{\text{Mass } (m)} \]
Rearranging for Potential Energy ($U$):
\[ \text{Gravitational Potential Energy } (U) = \text{Gravitational Potential } (V) \times \text{Mass } (m) \]
Step 2: Identify the error in statement (E).
Statement (E) claims that energy is potential divided by mass. This is mathematically incorrect; it is the product of potential and mass. Therefore, statement (E) is the "wrong statement".