Final answer:
The statement is false; proprietors in a proprietary colony had numerous responsibilities, including governing, establishing laws, and ensuring the colony's defense and prosperity.
Step-by-step explanation:
The statement that in a proprietary colony, the Proprietors have no responsibilities except to collect the profits is false. Proprietary colonies were granted by the English monarch to one or more proprietors who had full governing rights.
These proprietors were responsible for establishing a government, appointing officials, and overseeing the colony's wellbeing in addition to managing economic affairs. They had to create laws, maintain order, defend the colony, and promote the colony's growth and prosperity.
Therefore, their role extended well beyond merely collecting profits.