Which of the Following Statements Concerning Limitation Periods Is True

question 47

Multiple Choice

Which of the following statements concerning limitation periods is true?

• A) Government bodies are exempt from limitation periods.
• B) Limitation periods are invalid, because they offend the Charter of Rights and Freedoms.
• C) Limitation periods are invalid, because they are ultra vires.
• D) The relevant limitation period applies to even government bodies.
• E) Government bodies are above the law.

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Definitions:

Goods of the Kinds

Products or items that are characteristic of what is described in a contract, conforming to expectations based on trade and usage.

Machinery on Approval

A sales agreement condition where the buyer can return the machinery if it doesn't meet specified requirements or expectations.

Insolvent

A financial state in which an entity is unable to pay its debts as they come due.

Claims

Demands for something due or believed to be due, often used in the context of insurance or legal cases.