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Is commission like compensation reserved for licensees only?
1) True
2) False

User Nelion
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Final answer:

The claim that proprietors in a proprietary colony only had the responsibility to collect profits is false. So, option 2 is correct.

Step-by-step explanation:

The statement that in a proprietary colony, the Proprietors have no responsibilities except to collect the profits is False. Proprietors in a proprietary colony were not only responsible for collecting profits but also had to manage the colony's governance, including establishing a legal system, creating administrative structures, and maintaining relationships with Indigenous peoples and other colonies. Their role was akin to that of a governor or administrator, and while profit was a significant motivation, their duties also included the broader task of ensuring the colony's stability and growth.

The commission is not limited to licensees only. Commission is a form of compensation that can be earned by anyone who works on a commission basis. This means that an individual or a salesperson can receive a percentage of the sales they generate as their compensation.

For example, a real estate agent who helps sell a property may earn a commission based on the sale price of the property. Similarly, a car salesperson may earn a commission based on the number of cars they sell.

So, commission is not reserved for licensees only. It is a form of compensation that can be earned by anyone who works on a commission basis.

User Geanakuch
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