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A monarchy is a form of government in which a person, the monarch, reigns as head of state for life or until abdication.The extent of the authority of the monarch may vary from restricted and largely symbolic (constitutional monarchy), to fully autocratic (absolute monarchy), and may have representational, executive, legislative, and judicial functions.
AOP was founded in November 2008 by attorney Cheryl Milone and Steven Powell [3] It was backed by venture capital firms Alleghany Capital Corporation, [4] General Catalyst Partners, and the former head of intellectual property policy and strategy at Microsoft Marshall Phelps, with investments totaling $15 million by January 2013.
Bodin first formulated the thesis of sovereignty, according to which the state – represented by the monarch - has the task of directing the common interests of several households in the right direction and thus exercising their sovereign power, that is, the state represents an absolute, indivisible and perpetual.