Each Province in Canada Has a Limitations Act

question 50

Multiple Choice

Each province in Canada has a Limitations Act.Which of the following statements correctly describes what happens to a contract after the time set forth in the Act has expired?

• A)The contract is discharged by the courts.
• B)The defendant cannot raise equitable defences to a breach of contract action.
• C)The contract can no longer be enforced unless the plaintiff agrees to forfeit his or her rights.
• D)Contractual obligations become "statute barred."
• E)The party to the contract who is entitled to collect money will be required to ask for a ruling by the court.