Which of the following refers to a legal entity that holds property and assets for someone or some group?

Name: Which of the following refers to a legal entity that holds property and assets for someone or some group?
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Question

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A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. It is specifically designed to hold property and manage assets for the benefit of someone else.

Which of the Following Refers to a Legal Entity That