Question

Management contracts often include provisions that allow an owner to terminate a management company that has not met a predetermined criteria standard within the implementation period.

a) True
b) False

Answer 1

The statement is false; proprietors in a proprietary colony had responsibilities beyond collecting profits, including governing and managing the colony's affairs.

Step-by-step explanation:

The statement that in a proprietary colony, proprietors had no responsibilities except to collect profits is false. Proprietary colonies were a form of English colony in which all land belonged to the ruler, and it was their responsibility to divide the land and govern it. The proprietors not only collected profits but also had the authority to appoint officials, create laws, and establish courts. These wide-ranging powers meant that proprietors had significant administrative responsibilities, which could affect the success and development of the colony.