A colony is not owned by a monarch so this statement is false.
What is a colony?
A colony is a nation or society that is controlled by another nation which often gained this control by conquering the colonized nation in military conflict.
Some colonies were owned by the monarchs of their colonizer countries but this was not the case for all of them. For instance, the French owned a lot of colonies in Africa but they did not have a monarch.
Find out more on colonies at https://brainly.com/question/2729667
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