Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: King of Spain | Statement: [Philip V of Spain, positionHeld, King of Spain]

Target entity: King of Spain
Context triple: [Philip V of Spain, positionHeld, King of Spain]

• A. Charles III of Spain
  Charles III of Spain was an 18th-century Bourbon monarch known for his enlightened absolutist reforms that modernized Spain’s administration, economy, and empire.
• B. Charles IV of Spain
  Charles IV of Spain was a late 18th- and early 19th-century Bourbon king whose weak rule and reliance on favorites contributed to political instability and the circumstances leading to the Peninsular War and the decline of Spanish power.
• C. Philip V of Spain chosen
  Philip V of Spain was the first Bourbon king of Spain, whose accession sparked the War of the Spanish Succession and who reigned for much of the early 18th century, centralizing royal power and aligning Spain closely with France.
• D. Charles I of Spain
  Charles I of Spain, also known as Charles V, was a 16th-century Habsburg monarch who ruled an expansive global empire as King of Spain and Holy Roman Emperor.
• E. Charles II of Spain
  Charles II of Spain was the last Habsburg ruler of the Spanish Empire, whose physical and mental infirmities and childless reign led to the War of the Spanish Succession and the end of Habsburg rule in Spain.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.