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Merchant obligations may include submitting their compliance status to multiple entities.

A) True
B) False

1 Answer

1 vote

Final answer:

The claim that Proprietors in a proprietary colony only had the responsibility to collect profits is false. They were also tasked with governance, including law-making, appointing officials, and maintaining order.

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 such colonies were responsible not only for the financial aspects but also for governing the colony. This governance included making laws, appointing officials, and ensuring the colony functioned within the framework of expectations set forth by the crown or mother country. While they certainly aimed to make their colonies profitable, they also had obligations to maintain order, defend their colonies, and foster settlements that aligned with economic and political interests of their sovereign.

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