Step 1: This is a negative-stem question, so the goal is to find the one statement that does not fit pseudomembranous colitis, a C. difficile infection triggered by antibiotics.
Step 2: Both toxin A and toxin B drive the illness, validating those two statements, and the summit or volcano lesion is the hallmark early microscopic finding, validating that one as well.
Step 3: The hallmark clinical picture is copious watery diarrhoea, not bloody stools; visible blood is atypical for this condition.
Step 4: Hence the statement that blood in stools is a common feature is the incorrect one and is the answer.
\[\boxed{\text{Blood in stools is a common feature}}\]