Which of the following statements defines a proprietorship in the middle colonies?
A proprietorship was formed when a king granted land to a group of indentured servants in exchange for their passage.
A proprietorship was formed when a king granted land to a group of colonists in exchange for their agreement to farm the land.
A proprietorship was formed when a king granted land to an individual in exchange for a share of future profits.
A proprietorship was formed when a king granted land to an individual in exchange for a sizable sum of money.