Step 1: Simplest acid:
HCOOH has just one carbon in the chain, the lowest member of the carboxylic acid series.
Step 2: Name:
IUPAC name is methanoic acid and the common name is formic acid, from ants (formica).
Step 3: Others:
Acetic has 2 carbons, propanoic has 3 and butanoic has 4, so option (B).
Final Answer:
The simplest carboxylic acid is formic acid.
\[ \boxed{\text{(B) }\text{Formic acid}} \]