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Broker home offices may be a place for business for other licensees.
a. True
b. False

1 Answer

3 votes

Final answer:

The claim that Proprietors in a proprietary colony only collected profits is false. They had various responsibilities such as governmental oversight, colonial defense, and trade management.

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 did more than just collect profits; they were responsible for establishing the governmental structure, overseeing colonial trade, defending the colony, and managing relations with Native Americans and other colonies. These responsibilities required a significant level of involvement and administration beyond just profit collection.

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