Observe
\begin{align}
\lim_{x\rightarrow \infty} \exp\left( \frac{\log(1+x)}{x}\right)= \exp\left( \lim_{x\rightarrow \infty}\frac{\log(1+x)}{x}\right).
\end{align}
Since
\begin{align}
\lim_{x\rightarrow \infty}\frac{\log(1+x)}{x} = 0
\end{align}
then it follows
\begin{align}
\lim_{x\rightarrow \infty} \exp\left( \frac{\log(1+x)}{x}\right)=1
\end{align}
Note
\begin{align}
\log(1+x) \leq \sqrt{x}
\end{align}
when $x>0$.
Additional:
The definition of $\log(1+x)$ is defined to be
\begin{align}
\log(1+x) := \int^x_0 \frac{dt}{1+t}
\end{align}
and since
\begin{align}
\sqrt{x} = \int^x_0 \frac{dt}{\sqrt{t}}
\end{align}
then we have
\begin{align}
\sqrt{x}-\log(1+x) = \int^x_0 \frac{1}{\sqrt{t}}-\frac{1}{t+1}\ dt\geq 0
\end{align}
since
\begin{align}
1+t\geq \sqrt{t} \ \ \Leftrightarrow 1-\sqrt{t}+t = \frac{3}{4}+\left(\sqrt{t}-\frac{1}{2}\right)^2\geq 0.
\end{align}