Which of the Following Is True About Statutes of Limitation

question 45

Multiple Choice

Which of the following is true about statutes of limitation and statutes of repose?

• A) Statutes of limitation,but not statutes of repose,set time limits on bringing legal actions.
• B) Neither type of statute applies in the event of serious injuries.
• C) These statutes are federal law and apply nationwide even to state law actions.
• D) A statute of repose requires that a claim be brought within the specified number of years that the product was originally sold.

---

Definitions:

Mini-Theories

Smaller, focused theories that explain specific aspects of larger phenomena or concepts within a field of study.

Physical Appearance

The outward look or arrangement of features of a person, object, or place, assessed visually.

Person Perception

The process of forming impressions and making judgments about other people's traits and characteristics.

Stock Brokerage

A firm that facilitates the buying and selling of stocks and other securities on behalf of clients in exchange for fees or commissions.