Step 1: Concept A limit exists only if the left-hand limit (LHL) and right-hand limit (RHL) are equal.
Step 2: Meaning As $x \to 0^+$, $1/x \to \infty$, so $\frac{e^{\infty}}{e^{\infty}+1}$ behaves like $\frac{e^{\infty}}{e^{\infty}} = 1$.
Step 3: Analysis As $x \to 0^-$, $1/x \to -\infty$, so $e^{1/x} \to 0$. The limit becomes $\frac{0}{0+1} = 0$.
Step 4: Conclusion Since RHL (1) $\ne$ LHL (0), the limit does not exist.
Final Answer: (D)