Which of the following terms best describes a person who has a legal duty to manage the assets for someone else's benefit?

A fiduciary is a person who holds a legal or ethical relationship of trust with another party, typically involving the management of assets or interests for that person's benefit. The fiduciary's primary responsibility is to act in the best interest of the other party, ensuring their assets are managed prudently and ethically. This can involve managing financial investments, property, or other forms of assets while maintaining a duty of care and loyalty.

In this context, the term encapsulates the essence of the relationship where one party is tasked with protecting another's interests, establishing a clear expectation of loyalty and responsibility. Understanding the concept of fiduciary duty is crucial in various fields such as finance, law, and estate management, where the relationship can significantly impact individuals' rights and responsibilities surrounding asset management.

Extradition refers to the process of surrendering a suspected criminal to the jurisdiction where the crime was committed, surety typically relates to a promise to pay a debt or perform a duty, and a defendant is an individual accused in a court of law. These terms do not encompass the responsibilities associated with managing someone else's assets for their benefit.