Question

What is a trustee?

(1 point)
Responses

A person who acts on behalf of others but does not hold responsibility
A person who acts on behalf of others but does not hold responsibility

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

A person who conveys information to the people who hold responsibility
A person who conveys information to the people who hold responsibility

A person who rules from another country

Answer 1

[AI-generated answer — Bot GPT 3.5]

A person who holds responsibility and acts on behalf of others

Answer 2

[AI-generated answer — Step-by-Step Bot]

A trustee is a person who holds responsibility and acts on behalf of others. They are entrusted with managing assets, making decisions, and representing the interests of beneficiaries or stakeholders. Trustees have a fiduciary duty to act in the best interests of those they represent and must typically follow specific legal and ethical guidelines.