Question

Dividends do not affect preferred shareholder holdings.

1. True
2. False

Answer 1

In a proprietary colony, the proprietors have responsibilities beyond collecting profits.

Step-by-step explanation:

In a proprietary colony, the statement that the proprietors have no responsibilities except to collect the profits is false. In a proprietary colony, the proprietors, also known as proprietors or lords proprietor, were responsible for governing the colony and overseeing its development. They had a range of responsibilities including establishing laws, maintaining order, and promoting economic growth.