Final answer:
Two proprietorships can indeed combine to form a partnership, which is a business arrangement where two or more individuals manage and operate a business in common. The proprietors of sole proprietorships can opt to merge their businesses into a partnership. Moreover, proprietors in a proprietary colony have administrative responsibilities beyond just collecting profits.
Step-by-step explanation:
The statement that two proprietorships cannot combine and form a partnership is False. Sole proprietorships are businesses owned by one person, but they can transition into partnerships. A partnership occurs when two or more individuals decide to operate a business together and share responsibilities, as well as profits and losses. The proprietors of individual businesses can agree to merge their resources and efforts to create a partnership. This type of business structure has the advantage of shared responsibility but also entails shared liability, where partners are accountable for each other's actions and the debts of the business.
Addressing the self-check question, in a proprietary colony, the Proprietors have more responsibilities than just collecting profits, which makes the correct answer to the statement b. False. Proprietors were not only responsible for the financial aspects but also for the governance and administration of such colonies.