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单词 LIMITATION OF LIABILITY
释义

1. In General, this is a statement given in writing that sets the conditions and damage amounts as a disclaimer on liability. 2. As a Memorandum of association, this is a statement clearly limiting liability to the par value of fully paid-up company shares for the firm’s debts and obligations on a shareholder.

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更新时间:2025/5/25 7:03:23