Which of the Followings Statements Is Incorrect

question 2

Multiple Choice

Which of the followings statements is incorrect?

• A) In claims for personal injury alleging negligence or breach of duty (contractual or statutory) where the relief claimed includes damages for personal injury the limitation period is 3 years from the date of the injury.
• B) In claims for personal injury alleging negligence or breach of duty (contractual or statutory) where the relief claimed includes damages for personal injury the limitation period is 3 years from the date when it would have been reasonable for the claimant to know about his injury and loss and that the loss was wholly or in part caused by the defendant.
• C) In claims for personal injury alleging negligence or breach of duty (contractual or statutory) where the relief claimed includes damages for personal injury the limitation period is 3 years from the date when the claimant became aware of the identity of the defendant even when the defendant had taken steps to 'hide' his identity, but when the defendant's true identity could have been discovered earlier.
• D) In claims for personal injury alleging negligence or breach of duty (contractual or statutory) where the relief claimed includes damages for personal injury the limitation period is until the claimant is 21 years old even though injured when he was 10 years old.

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Definitions:

Current Yield

A financial ratio that measures the annual income (interest or dividends) from an investment as a percentage of the current price of the security.

10 ½% Bond

A bond that pays an annual interest rate of 10.5% to its holder.

Yield To Maturity

The total expected return on a bond if held until it matures, including interest payments and capital gains or losses.

Bond A

A classification of bond or debt security with specific features defined by the issuer, such as interest rate and maturity date.