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Albert had the legal authority to sign the $128,000 sales contract for a property held in trust. Albert is

A) A Beneficiary
B) A Trustee
C) A Settlor
D) An Executor

1 Answer

4 votes

Final answer:

The correct answer is B) A Trustee.

Step-by-step explanation:

The correct answer is B) A Trustee. A trustee is a person who holds legal authority to manage a trust and make decisions on behalf of the trust's beneficiaries. In this case, Albert has the legal authority to sign the sales contract for the property held in trust. As a trustee, Albert is responsible for acting in the best interest of the beneficiaries and managing the trust property according to the terms of the trust.

User Chan Chun Him
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