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Battle Party
The Party menu is where the player will assign Heroes and Characters to different positions in the Battle Party. Different positions may have different Stat bonuses that suit the needs of particular Heroes and Characters. 
For example, a Hero with low PDEF may best be placed in a slot that gives bonuses to PDEF. Your deployed Beast is the key determinant of what Stat Bonuses are given to each position. 
Knight's Fable -battle party