$Rhizopus$ species reproduce asexually through spores.

The correct option is A True
Fungi and some algae reproduce asexually through spores. Rhizopus is a fungus and is commonly called bread mould.
Rhizopus grows as fine thread-like projections known as hyphae. Present on the top of hyphae is a blob-like structure, called sporangia. Sporangia produce numerous reproductive bodies called spores. Spores germinate under moist conditions to grow into new $Rhizopus$ species.