Final answer:
The statement that only corporations need to be concerned with ethical issues is false; all types of organizations should prioritize ethics and social responsibility. Similarly, in a proprietary colony, proprietors had multiple responsibilities, not just collecting profits.
Step-by-step explanation:
The statement 'Only corporations have to worry about ethics scandals and social responsibility issues' is false. All organizations, not just corporations, should be concerned with ethical conduct and social responsibility. This includes small businesses, non-profit organizations, government agencies, and even individual professionals. Modern multinational corporations are particularly scrutinized due to their size, influence, and the number of stakeholders they affect. Ethical considerations cover a wide range of areas such as treatment of employees, environmental impact, and contributions to political campaigns. Corporate responsibility extends to various groups including shareholders, employees, customers, and the broader community. Companies use codes of ethics to guide behavior and establish the corporation's values and responsibilities.
In the context of a proprietary colony, the statement 'the Proprietors have no responsibilities except to collect the profits' is likewise false. Proprietors had numerous responsibilities, including managing the colony's affairs and ensuring its sustainability, which went beyond merely collecting profits.