What is a trustee?

A. A person who acts on behalf of others but does not hold responsibility
B. A person who holds responsibility and acts on behalf of others
C. A person who conveys information to the people who hold responsibility
D. A person who rules from another country

1 answer

B. A person who holds responsibility and acts on behalf of others

A trustee is someone who holds and manages assets or property for the benefit of others, such as beneficiaries of a trust. They have a fiduciary duty to act in the best interest of those beneficiaries.