We are given two pairs of lines represented by the equations:
\[
x^2 - 2mxy - y^2 = 0 \quad \text{and} \quad x^2 - 2nxy - y^2 = 0
\]
These equations represent two pairs of straight lines, and we are told that one pair represents the bisector of the angles between the other pair.
Step 1: Use the condition for the angle bisector
For the two lines to be angle bisectors, the product of the slopes \( m \) and \( n \) must be equal to \( -1 \).
Thus, we have the condition:
\[
mn = -1
\]
Thus, the correct answer is \( mn = -1 \).