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Mohini is a friend of Sneha who is a partner in a software firm Om Namah Shivay solution.
On Sneha’s request, Mohini accompanies her to a business meeting with Jai Shri Ram Software
and actively participates in the negotiation process for a business deal and gives the impression
that she is also a partner in Om Namah Shivay Solutions. Three months credit is extended to
Om Namah Shivay solutions on the basis of these negotiation. On the basis of the given
information about Mohini, answer the following:
a) Will Mohini be liable to the lender if Sneha does not make payment to
him by the due date?
b) Specify and explain Mohini’s role in the aforesaid situation.?
Most Upvoted Answer
Mohini is a friend of Sneha who is a partner in a software firm Om Nam...



Answer:

Role of Mohini in the Situation:
- Active Participation in Negotiation: Mohini actively participated in the negotiation process for a business deal with Jai Shri Ram Software, giving the impression that she is a partner in Om Namah Shivay Solutions. This led to a three-month credit extension to the firm.
- Impression of Partnership: By participating in the negotiations and giving the impression of being a partner in the firm, Mohini created a perception that she has the authority to represent Om Namah Shivay Solutions in business dealings.
- Responsibility: Mohini's active involvement in the negotiations and the impression created could lead to her being perceived as a partner or a person responsible for the business deal. This might hold her liable to the lender if Sneha fails to make the payment by the due date.

Liability of Mohini:
- Lender's Perspective: From the lender's perspective, if Mohini was actively involved in the negotiation process and gave the impression of being a partner in the firm, she could be held liable for the payment if Sneha defaults.
- Legal Implications: Depending on the specific legal agreements and contracts involved in the negotiation process, Mohini's level of liability may vary. If there is no clear distinction made between her role as a friend accompanying Sneha and her role as a partner in the negotiations, she could be held responsible for the payment.
- Importance of Clarity: It is essential for individuals to clearly define their roles and responsibilities in business dealings to avoid any confusion or potential legal implications. Mohini should ensure that her involvement in negotiations is clearly understood by all parties involved to prevent any misunderstandings regarding liability.

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Mohini is a friend of Sneha who is a partner in a software firm Om Namah Shivay solution. On Sneha’s request, Mohini accompanies her to a business meeting with Jai Shri Ram Software and actively participates in the negotiation process for a business deal and gives the impression that she is also a partner in Om Namah Shivay Solutions. Three months credit is extended to Om Namah Shivay solutions on the basis of these negotiation. On the basis of the given information about Mohini, answer the following: a) Will Mohini be liable to the lender if Sneha does not make payment to him by the due date? b) Specify and explain Mohini’s role in the aforesaid situation.?
Question Description
Mohini is a friend of Sneha who is a partner in a software firm Om Namah Shivay solution. On Sneha’s request, Mohini accompanies her to a business meeting with Jai Shri Ram Software and actively participates in the negotiation process for a business deal and gives the impression that she is also a partner in Om Namah Shivay Solutions. Three months credit is extended to Om Namah Shivay solutions on the basis of these negotiation. On the basis of the given information about Mohini, answer the following: a) Will Mohini be liable to the lender if Sneha does not make payment to him by the due date? b) Specify and explain Mohini’s role in the aforesaid situation.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Mohini is a friend of Sneha who is a partner in a software firm Om Namah Shivay solution. On Sneha’s request, Mohini accompanies her to a business meeting with Jai Shri Ram Software and actively participates in the negotiation process for a business deal and gives the impression that she is also a partner in Om Namah Shivay Solutions. Three months credit is extended to Om Namah Shivay solutions on the basis of these negotiation. On the basis of the given information about Mohini, answer the following: a) Will Mohini be liable to the lender if Sneha does not make payment to him by the due date? b) Specify and explain Mohini’s role in the aforesaid situation.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mohini is a friend of Sneha who is a partner in a software firm Om Namah Shivay solution. On Sneha’s request, Mohini accompanies her to a business meeting with Jai Shri Ram Software and actively participates in the negotiation process for a business deal and gives the impression that she is also a partner in Om Namah Shivay Solutions. Three months credit is extended to Om Namah Shivay solutions on the basis of these negotiation. On the basis of the given information about Mohini, answer the following: a) Will Mohini be liable to the lender if Sneha does not make payment to him by the due date? b) Specify and explain Mohini’s role in the aforesaid situation.?.
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