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The Guild 2 takes place in a medieval world where the player's objective is to create a long lasting dynasty and to indulge in its wealth. The game features the ability to create and manage a dynasty to compete against the computer in single player mode, or other online players in the multi-player mode.
The object of the game is to acquire wealth, fame, and power through bargaining, diplomacy, or sinister actions. The game takes place in two German cities around Augsburg and Heidelberg and other European areas including the mountains around Lyon in France or Sherwood Forest. The game features four game modes and four classes.