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Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer?.

Solutions for Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.

Here you can find the meaning of Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Principle:A principle is liable for the acts of his agent performed in the ordinary course of the performance of his duties as an agent.Facts:Mohanlal gave one lakh rupees cash to his friend Sohanlal, who was an employee of Utopia Bank, to be deposited in Mohanlal's account with Utopia Bank. Because he gave the cash to be deposited to his friend, Mohanlal did not bother to collect the receipt of deposit. Sohanlal misappropriated the amount.a)Utopia Bank is liable to Mohanlal as Sohanlal collected the cash while being an employee of Utopia Bank and then misappropriated it.b)Utopia Bank is not liable to Mohanlal as Sohanlal's act of fraud was committed in his private capacity.c)Utopia Bank is liable to Mohanlal for the fraud committed by Sohanlal, and in turn Sohanlal is liable to Utopia Bank for the fraud he committed.d)Neither Utopia Bank nor Sohanlal is liable to Mohanlal, as Mohanlal did not even insist on the receipt of deposit from Sohanlal.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.