Examlex
Which of the following would NOT be a defence for a carrier that is sued for damage caused to goods during shipping when there is no contractual limitation of liability?
Tax Exemption
A portion of income or transaction that is free from tax by law, reducing the taxable income or value.
Dividend Income
Income received from owning shares in a company, typically paid out from the company's profits to its shareholders at regular intervals.
Date of Record
The specific date on which a company determines its shareholders' eligibility to receive dividends or share distributions.
Resolution to Pay
A formal decision made by a company's board of directors to distribute funds, often as dividends, to shareholders.
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