Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'Bundesrepublik Deutschland'?

A. federal parliamentary constitutional monarchy, whose head of state is the king, though with limited prerogatives
B. democratic, federal parliamentary republic led by a chancellor, where federal legislative power is vested in the parliament, consisting of the Bundestag and the Bundesrat
C. federal semi-direct democracy under a multi-party presidential directorial republic, which represents a confederation of 26 cantons and communes with executive, legislative and judiciary branches
D. federal, representative democratic republic, with nine states, whose head of state is the Federal President (Bundespräsident), and head of the federal government is the Federal Chancellor (Bundeskanzler)

Answer: democratic, federal parliamentary republic led by a chancellor, where federal legislative power is vested in the parliament, consisting of the Bundestag and the Bundesrat