<u>Answer:</u>
The trust that has been established between two individuals because of the trust that exists between the individuals and a separate entity is called as third-party trust.
<u>Explanation:
</u>
- Often when two individuals who do not know each other in person choose to participate in an activity that has money or other benefits involved, they choose to involve a third person in the operation who is known to both.
- This step is taken mainly to establish trust for the sake of the fulfillment of the operation without any kind of cheating.