Let us consider these two solutions of the problem above which could be asked in our Analysis III course's midterm exam: Find the limit $\lim_{(x,y)\rightarrow (0,0)}\frac{e^{xy}-1}{y}$, if exists. Suppose it exists and call it $L$.
$\begin{array}\\
\underline{\text{L'hospital rule method}} \hspace{1 cm} &\text{V. S.}& \hspace{1 cm} \underline{\text{Series method}}\\
L=\lim_{(x,y)\rightarrow (0,0)}\frac{e^{xy}-1}{y} \hspace{1 cm} &\text{V. S.}& \hspace{1 cm}L=\lim_{(x,y)\rightarrow (0,0)}\frac{e^{xy}-1}{y}\\
\text{L'hospital rule w.r.t. y}\hspace{1 cm} &\text{V. S.}& \hspace{1 cm} \text{Maclaurin Series at y=0}\\
L=\lim_{(x,y)\rightarrow (0,0)}\frac{xe^{xy}}{1} &\text{V. S.}& \ \hspace{1 cm}L=\lim_{(x,y)\rightarrow (0,0)}\frac{(1+xy+\frac{1}{2}x^2y^2+...)-1}{y}\\
L=\lim_{(x,y)\rightarrow (0,0)} xe^{xy} &\text{V. S.}& \hspace{1 cm}L=\lim_{(x,y)\rightarrow (0,0)}\frac{xy+\frac{1}{2}x^2y^2+\frac{1}{6}x^3y^3...}{y}\\
L=0\times e^0 &\text{V. S.}& \hspace{1 cm} L=\lim_{(x,y)\rightarrow (0,0)}\frac{y(x+\frac{1}{2}x^2y+\frac{1}{6}x^3y^2...)}{y}\\
L=0\times 1 &\text{V. S.}& \hspace{1 cm}L=\lim_{(x,y)\rightarrow (0,0)}x+\frac{1}{2}x^2y+\frac{1}{6}x^3y^2...\\
L=0 &\text{V. S.}& \hspace{1 cm} L=0\\
\end{array}$
Now, let's consider the following problem: Find the limit $\lim_{(x,y)\rightarrow (0,0)}\frac{xy}{x^2+y^2+y}$, if exists. Suppose it exists and call it $L$.
$\begin{array}\\
\underline{\text{L'hospital rule method}} \hspace{1 cm} &\text{V. S.}& \hspace{1 cm} \underline{\text{Series method}}\\
L=\lim_{(x,y)\rightarrow (0,0)}\frac{xy}{x^2+y^2+y} \hspace{1 cm} &\text{V. S.}& \hspace{1 cm}L=\lim_{(x,y)\rightarrow (0,0)}\frac{xy}{x^2+y^2+y}\\
\text{L'hospital rule w.r.t. y}\hspace{1 cm} &\text{V. S.}& \hspace{1 cm} \text{Maclaurin Series at y=0}\\
L=\lim_{(x,y)\rightarrow (0,0)}\frac{x}{2y+1} \hspace{1 cm} &\text{V. S.}& \hspace{1 cm}\text{They are polynomials. Good.:)}\\
L=\frac{0}{2\times 0+1} \hspace{1 cm} &\text{V. S.}& \hspace{1 cm}\text{There are no cancellations. What to do?:(}\\
L=0 \,\,\,\text{No! This is wrong.}\hspace{1 cm} &\text{V. S.}& \hspace{1 cm} L=???\\
\end{array}$
The limit in the second question does not exist. Series method turned out to be better. It didn't lead us to a wrong conclusion. Taylor's series (https://en.wikipedia.org/wiki/Taylor_series) at $x=0$ of functions of one variable $x$ is called Maclaurin's series (https://mathworld.wolfram.com/MaclaurinSeries.html). We used the Maclaurin series of the function $e^t$ in the first problem, then put $t=xy$. This is actually the Taylor series of the two-variable function $f(x,y)=e^{xy}$ at $(x,y)=(0,0).$
Why do they usually ask two-variable limit questions at $(x,y)=(0,0)$? Because of translations. The limit of the function $f(x,y)$ at $(x,y)=(a,b)$ is equal to the limit of the function $f(x+a,y+b)$ at $(x,y)=(0,0)$. That is why Maclaurin's series are more famous than Taylor's series although they are very special case of Taylor's.
Functions of two and more variables are a diffucult subject. There are more to be said about their Taylor's series. They need time to study. Therefore, it is not easy to answer OP's first question immediately like when there are cancellations in series method, two ways give the same result. Question 2 might lead to a war. Do what you like.