6. What is meant by the term 'limited liability?" Select one: Select one: O a. 'Limited liability' refers to the requirement that directors manage a company prudently. O b. 'Limited liability' refers to how much the directors of a company have to contribute to the company in the event of the company becoming insolvent. O c. 'Limited liability' refers to the ability of a shareholder (member) of a company to limit their liability. O d. 'Limited liability' refers to the ability of the directors of a company to limit their liability for acts of negligence, fraud etc.