Question

2. l inform the creditors and outsider what the company is permitted to do. Who am I?
(a) Domicile clause
(b) Capital clause
(c) Objects clause
(d) Liability clause​

Answer 1

Answer:

inform the creditors and outsider what the company is permitted to do. Who am I?

Explanation:

liability clause

Answer 2

Answer:

The correct answer is (d) Liability clause​

Explanation:

A limitation of liability provision, also known as a liability clause, is a section in a contract that details the damages that one party will be required to pay to the other in accordance with the terms and circumstances of the contract.

an example of a restriction of liability:

For instance, a user of a website can experience loss as a result of their reliance on the website's information. The website owner's responsibility could be limited by a limitation of liability clause in the terms and conditions of the website (ie the user can only recoup up to a certain amount).