Final answer:
False. In a proprietary colony, the Proprietors have responsibilities beyond collecting profits.
Step-by-step explanation:
Proprietary colonies were established in the 17th century by English monarchs and granted to individuals or groups known as Proprietors.
These Proprietors were responsible for not only collecting profits but also governing the colony and maintaining order.
The three types of colonies are charter, proprietary, and royal colonies. A charter colony is when a group, like a joint-stock company, is given a charter to create a colony from a king. A proprietary colony is a colony that has been given to an individual or single family that controls the colony.
In a proprietary colony, the Proprietors do have responsibilities beyond collecting profits. For example, in the proprietary colony of Maryland, Lord Baltimore was the Proprietor and had the responsibilities of managing the colony, granting land, enacting laws, and overseeing the overall welfare of the settlers.