1.   Countries around the world limit the liability of investors and signal this special favor with certain abbreviations and designations.

2.   First there are straight forward clauses which purport to exclude or limit liability for breaches of fiduciary duty.

3.   The company is trying to limit its liability in this case.

4.   An exclusion clause gives the party relying on it total exemption for the breach whereas a limitation clause limits liability to a specified amount.

5.   An example of a limitation clause is where a supplier of computer software limits his liability for faulty software to the licence fee he has received for that software.

6.   The vendor will seek to reduce the risk by making disclosures and limiting its liability for breach of warranty.

7.   Many purchasers will acknowledge that the vendor will wish to limit its liability and incorporate these basic provisions in the initial draft.

8.   The remaining type of clause is that which limits liability by reference to an overall monetary figure.