Final answer:
Merely receiving a share of a business's profits does not necessarily make someone a partner; other forms of profit remuneration exist. Proprietors in proprietary colonies had various responsibilities, not just collecting profits. Sharecroppers were indeed tenant farmers who paid rent with a portion of their crops.
Step-by-step explanation:
If a person receives a share of the profits of a business, it is not correct to assume that he or she is a partner. Although sharing profits is one characteristic of a partnership, merely receiving profits does not automatically make someone a partner in a business. There are various forms of business remunerations and profit sharing such as dividends, bonuses, or even commissions that might not necessarily involve a partnership.
In the context of a general partnership, partners do share in the profits and responsibilities of running the business. They have complementary skills, make joint business decisions, and also share the risks. Each partner is personally liable for the business's debts, and this could affect their personal assets. Furthermore, a partnership's existence is often tied to the presence of the specific partners, and changes in partnership can affect the business structure.
Regarding proprietary colonies, it's false to say that Proprietors have no responsibilities except to collect the profits. Proprietors typically have various responsibilities, including managing the colony's affairs and possibly making decisions that would affect the success of the colony.
As for sharecroppers, it is true that they were tenant farmers who paid their rent with shares of their crops. This form of tenancy was common after the Civil War in the Southern United States, where sharecroppers would exchange a portion of their crop yield as rent for the land they farmed.