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: Ohio Company of Virginia | Statement: [Lawrence Washington, memberOf, Ohio Company of Virginia]

Target entity: Ohio Company of Virginia
Context triple: [Lawrence Washington, memberOf, Ohio Company of Virginia]

• A. Potowmack Company
  The Potowmack Company was an 18th-century enterprise, championed by George Washington, that sought to improve navigation on the Potomac River to link the Atlantic seaboard with the western frontier.
• B. Muscovy Company
  The Muscovy Company was a 16th-century English trading company that pioneered commerce and exploration between England and Russia and helped open northern sea routes.
• C. The Manhattan Company
  The Manhattan Company was a historic New York financial institution founded in 1799 that evolved through mergers into part of what became Chase Manhattan Bank.
• D. Virginia Company of London
  The Virginia Company of London was an English joint-stock company chartered in the early 17th century to finance and establish settlements in North America, most notably the Jamestown colony in Virginia.
• E. James Munroe and Company
  James Munroe and Company was a 19th-century American publishing firm known for issuing significant literary and philosophical works, including those of Ralph Waldo Emerson.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Ohio Company of Virginia
Triple: [Lawrence Washington, memberOf, Ohio Company of Virginia]

The Ohio Company of Virginia was a mid-18th-century land speculation company formed by Virginia planters and merchants to promote British settlement and claim vast tracts of land in the Ohio River Valley.

Target entity: Ohio Company of Virginia
Target entity description: The Ohio Company of Virginia was a mid-18th-century land speculation company formed by Virginia planters and merchants to promote British settlement and claim vast tracts of land in the Ohio River Valley.

• A. Potowmack Company
  The Potowmack Company was an 18th-century enterprise, championed by George Washington, that sought to improve navigation on the Potomac River to link the Atlantic seaboard with the western frontier.
• B. Muscovy Company
  The Muscovy Company was a 16th-century English trading company that pioneered commerce and exploration between England and Russia and helped open northern sea routes.
• C. The Manhattan Company
  The Manhattan Company was a historic New York financial institution founded in 1799 that evolved through mergers into part of what became Chase Manhattan Bank.
• D. Virginia Company of London
  The Virginia Company of London was an English joint-stock company chartered in the early 17th century to finance and establish settlements in North America, most notably the Jamestown colony in Virginia.
• E. James Munroe and Company
  James Munroe and Company was a 19th-century American publishing firm known for issuing significant literary and philosophical works, including those of Ralph Waldo Emerson.
• F. None of above. chosen